Which of the Following Outcomes Is Sometimes Associated with Participative

question 68

Multiple Choice

Which of the following outcomes is sometimes associated with participative budgeting?

• A)Employees make little effort to achieve budgetary goals.
• B)Budget preparation time is never lengthy.
• C)The problem of budget padding can never arise.
• D)Financial modeling becomes much more difficult to undertake.
• E)Budget preparation time can be somewhat lengthy and budget padding may arise.

---

Definitions:

Financial Advisor

A professional who provides expert advice on personal finance and investment decisions.

Investor

An individual or entity that allocates capital with the expectation of receiving financial returns.

Assignee

A party to whom a right or property is legally transferred.

Loan Payments

Regular payments made towards settling a loan, typically consisting of both principal and interest components.