Which of the Following Is Not a Characteristic of a Top-Down

question 11

Multiple Choice

Which of the following is not a characteristic of a top-down budget environment?

• A)Executive management creates the budget.
• B)This approach is referred to as participative budgeting.
• C)The budget is pushed down through the organization.
• D)All of these ans choices are characteristics of a top-down budget environment.

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Definitions:

Bids

Offers made by individuals or entities to buy goods, services, or assets at a specified price.

Legal Principles

Fundamental concepts that form the basis of the law, guiding the legal system in decision-making.

Faulty Part

A defective or malfunctioning component in a machine or system.

Seal

A device or stamp used to imprint a design on a document as a form of authentication or to signify a formal agreement.