The most useful budget figures are developed:
A)From the "top-down".
B)From the "bottom-up" following a participatory process.
C)By the budget committee.
D)By the CEO.
E)After the accounting period has begun.

Question

Quizplus · Accepted Answer

Developing a budget from the "bottom-up" following a participatory process involves input from all levels of the organization, which leads to more accurate and reliable figures. It also helps to ensure that everyone is committed to the budget and more likely to adhere to it throughout the fiscal year.

The Most Useful Budget Figures Are Developed