The flow of input data for budgeting should be from the lowest levels of responsibility to the highest level.

Name: The flow of input data for budgeting should be from the lowest levels of responsibility to the highest level.
Brand: Quizplus
Rating: 4.8 (33 reviews)

Question

Quizplus · Accepted Answer

This ensures that those who are directly involved in carrying out the budgeted activities have a say in the setting of their budget, and that their input is considered by higher-level managers responsible for overall budget decisions.

The Flow of Input Data for Budgeting Should Be from the Lowest