Which of the following is not a characteristic of a bottom-up budget environment?
A)Executive management creates the budget.
B)At each higher level of management, the budget is reviewed and may be altered.
C)The budget approach may also be referred to as participative budgeting.
D)All of these answer choices are characteristics of a bottom-up budget environment.

Question

Quizplus · Accepted Answer

Executive management creating the budget is not a characteristic of a bottom-up budget environment. In a bottom-up approach, the budget is developed by lower-level managers and employees who have direct knowledge of the activities and costs involved in their specific areas. The budget is then reviewed and potentially altered by higher-level management.

Which of the Following Is Not a Characteristic of a Bottom-Up