In the Context of Budget Preparation, Which of the Following

question 140

Multiple Choice

In the context of budget preparation, which of the following is an advantage of using bottom-up budgeting?

• A) It is less time consuming than the top-down approach.
• B) It eliminates the possibility of budgetary slack.
• C) Middle managers are likely to be highly motivated to achieve budgetary goals.
• D) Supervisory managers are likely to know the long-term strategic needs of a company.

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Definitions:

Unauthorized

Actions or accesses that are not permitted or approved by the rightful owner or authority.

Intrusion

A violation of someone's space or privacy without their consent.

Public Nuisance

An act or omission that obstructs, damages, or inconveniences the rights of the community or the general public.

Private Nuisance

A disturbance or interference with an individual's enjoyment or use of their property, without trespassing onto it.