A Budgeting Process Where Individuals Who Are Impacted by a Budget

question 166

Multiple Choice

A budgeting process where individuals who are impacted by a budget are directly involved in its development is called ________.

• A) flexible budgeting
• B) benefit budgeting
• C) participative budgeting
• D) cooperative budgeting

---

Definitions:

Lawn Chairs

Portable folding chairs designed for outdoor use, typically made from materials like metal, plastic, or wood.

Cognitive Bias

A systematic pattern of deviation from norm or rationality in judgment, whereby inferences about other people and situations may be drawn in an illogical fashion.

Structured Problem

A problem defined by clear parameters, with known processes and potential solutions, allowing for systematic analysis and resolution.

Unstructured Problem

A problem that lacks a clear path to the solution, often requiring creative thinking or innovative approaches.