Which of the following is not a characteristic of bottom-up budgeting?
A)Encourages organization-wide input into the process.
B)Takes advantage of employees' intimate knowledge of operations when formulating plans.
C)Is not as time consuming as top-down budgeting.
D)Increases employees' commitment to achieving budget goals.
E)All of the above are characteristics of bottom-up budgeting.

Question

Quizplus · Accepted Answer

Bottom-up budgeting typically involves gathering input from employees at all levels of the organization, taking advantage of their knowledge and expertise to create more accurate and effective budgets. This process may take longer than top-down budgeting, as it requires more collaboration and communication among team members. Therefore, option C is not a characteristic of bottom-up budgeting.

Which of the Following Is Not a Characteristic of Bottom-Up