Which of the Following Is Not a Characteristic of a Bottom-Up

question 144

Multiple Choice

Which of the following is not a characteristic of a bottom-up budget environment?

• A)Executive management creates the budget.
• B)At each higher level of management,the budget is reviewed and may be altered.
• C)The budget approach may also be referred to as participative budgeting.
• D)All of these ans choices are characteristics of a bottom-up budget environment.

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Definitions:

Work Around Products

Alternative solutions or products developed to circumvent problems or limitations in existing processes.

Lean Manufacturing

An organized approach for reducing waste in a manufacturing system without compromising on productivity.

Pull Manufacturing

An important lean practice in which products are manufactured only as they are needed by the customer.

Production Schedules

Timetables that outline the sequence and duration of tasks or operations in the manufacturing process.