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.

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Definitions:

Stimulus

Economic measures taken by the government to encourage growth or prevent economic slowdown, often through spending or tax cuts.

Disinflation

A reduction in the rate of inflation; a slowdown in the rate at which prices increase.

1960s

A decade of significant cultural, political, and technological change, marked by movements for civil rights, space exploration, and the emergence of counterculture.

1970s

A decade characterized by various global events, including economic changes, political realignments, and significant cultural evolution.