Budgets are generally more effective if they are _____.
A)created with the active participation of all affected employees
B)understood and accepted by affected managers
C)supported by top management
D)all of these answers are correct

Question

Quizplus · Accepted Answer

Budgets are more effective when created with the active participation of all affected employees, understood and accepted by affected managers, and supported by top management. When employees are involved in the budgeting process, they are more likely to feel ownership over the budget and be committed to achieving its goals. When managers understand and accept the budget, they are more likely to prioritize budget-related activities and allocate resources accordingly. And when top management supports the budget, it sends a strong message to the organization that the budget is important and should be taken seriously.

Budgets Are Generally More Effective If They Are _____