For better management acceptance the flow of input data for budgeting should begin with the
A) accounting department.
B) top management.
C) lower levels of management.
D) budget committee.

Question

Quizplus · Accepted Answer

The flow of input data for budgeting should begin with the lower levels of management because they are closely involved with the day-to-day operations and have a better understanding of the detailed, operational needs of their departments. This bottom-up approach helps in creating a more accurate and realistic budget that reflects the actual needs and conditions of the organization.

For Better Management Acceptance the Flow of Input Data for Budgeting