All of the following are considered top-down approaches to determining budgets EXCEPT:
A) the objective and task method
B) the affordable method
C) the percentage of sales method
D) arbitrary allocation

Question

Quizplus · Accepted Answer

The objective and task method is a bottom-up approach where the budget is determined based on the cost of achieving specific objectives, unlike the other methods which are top-down.

All of the Following Are Considered Top-Down Approaches to Determining