Which of the Following Is Not True Regarding Bottom-Up Budgeting

question 4

Multiple Choice

Which of the following is not true regarding bottom-up budgeting?

• A) The method tends to be inaccurate in the detailed tasks.
• B) The WBS is used to identify the elemental tasks.
• C) It is rarely used.
• D) It is a good managerial training technique.
• E) All of the above are true concerning top-down budgeting.

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Definitions:

Accounting Firm

A business that provides services related to financial record keeping, audit, and taxation.

Seminar

An instructional event typically held to discuss or explore specific subjects or to provide training on a particular topic.

Partnership Act

Legislation that sets out the rights and obligations of partners in a partnership business structure.

Rights

Entitlements or permissions, either legal, social, or moral, that individuals have in a society.