Which of the Following Is True of Participative Budgeting

question 101

Multiple Choice

Which of the following is true of participative budgeting?

• A)Preliminary budgets are developed by top management and flows down to the departmental level.
• B)Budgets are developed separately in a company's business segments so coordination is not necessary.
• C)Budgets are more achievable because those impacted by the budget helped create it.
• D)The budgeting process is quick,usually only requiring one-two weeks to complete.

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Definitions:

Ethics

The branch of philosophy that deals with questions about morality, including the goodness or badness of actions, the rights and wrongs of decisions.

End-Of-Life Issues

Concerns and considerations related to the physical, psychological, legal, and ethical aspects of dying.

American Medical Association

A professional association for physicians and medical students in the United States, focused on promoting the art and science of medicine and the betterment of public health.

Tact

The ability to communicate effectively and sensitively with others, especially in difficult or delicate situations.