Which of the Following Is a Reason Why Top Managers

question 86

Multiple Choice

Which of the following is a reason why top managers want lower-level managers to participate in the budgeting process?

• A) To benefit from their experience with the day-to-day aspects of running the business.
• B) To reduce the time and cost expended in the budgeting process.
• C) To ensure that they do not introduce any budgetary slack.
• D) To ensure that the budgets are administered rigidly given the changing market conditions.