Which of the Following Is a Benefit of Participative Budgeting

question 109

Multiple Choice

Which of the following is a benefit of participative budgeting?

• A) Employees tend to be more motivated to achieve the budget.
• B) A twelve-month planning horizon is maintained at all times.
• C) Budget planning is highly centralized.
• D) Communication is clearer because it flows in only one direction - upwarD.

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Definitions:

Commune

A community living situation where resources are shared and decisions are made collectively.

Uniform Simultaneous Death Act

A law designed to address the distribution of estate property when two people die at the same time or under circumstances making it hard to determine the order of death.

Inherit

To receive property, titles, debts, rights, or obligations as a result of someone's death.

Property Distribution

The division of property assets among beneficiaries or heirs according to a will or the law of intestacy.