Which of the Following Statements Is True

question 81

Multiple Choice

Which of the following statements is true?

• A) Participative budgeting means that a company's budget should be prepared by lower-level employees.
• B) The attitudes and actions of upper-level management have little impact on the effectiveness of a company's budget.
• C) Employees often find that budgets are constraining and limiting.
• D) In preparing a budget, information flows occur only from the bottom up.

---

Definitions:

Accountant

A professional specializing in maintaining and examining financial records, ensuring accuracy and compliance with laws.

HR Director

A high-level executive responsible for overseeing an organization's human resources department and implementing policies related to employee management and development.

State Unemployment

Government-provided assistance for individuals who have lost their jobs and meet certain eligibility requirements.

Compensation Tax

Taxes applied on income, especially income generated from work or compensation for services.