Managers Who Feel That Top Management Does Not Believe in the Budget

question 123

Multiple Choice

Managers who feel that top management does not believe in the budget are most likely to ________.

• A) pick up the slack and participate in the budgeting process
• B) to face little interference in the day-to-day aspects of running the business
• C) be inactive participants in the budgeting process
• D) convert the budget to a shorter more reasonable time period

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Definitions:

Estimates

Approximations or educated guesses used in accounting and finance to project future values or record uncertain current values.