In a Participative Budgeting System,budget Information Flows in Both Directions,from

question 133

True/False

In a participative budgeting system,budget information flows in both directions,from bottom to top and from top to bottom.

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Definitions:

Feedback

Information provided about the result of an action or process, serving as a basis for improvement or adjustment.

Feedback

Information provided by an agent (e.g., an individual, group, etc.) regarding aspects of one's performance or understanding, intended to guide future improvement.

Corrective

Intended to rectify or amend something that is wrong or inaccurate.

Supportive

Showcasing a willingness to assist, encourage, and provide comfort to others, often critical in personal and professional relationships.