To overcome possible problems with budgets that are developed only by top level managers, an alternative is to use:
A) Activity based budgets
B) Authoritative budgets
C) Flexible budgets
D) Participative budgets

Question

Quizplus · Accepted Answer

Participative budgets involve employees at all levels in the budgeting process, which can help overcome problems associated with budgets developed solely by top management by ensuring the budget is realistic and has the buy-in of those who will be working with it.

To Overcome Possible Problems with Budgets That Are Developed Only