A top-down approach to budgeting reflects a participative style of management.

Name: A top-down approach to budgeting reflects a participative style of management.
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Question

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A top-down approach to budgeting is where the budget is set at the top level of management and then pushed down to lower levels. This approach is typically associated with a directive style of management where decisions are made by those at the top and then communicated down the chain of command.

A Top-Down Approach to Budgeting Reflects a Participative Style of Management