When upper-level management prepares a budget with consultations from managers and employees, the firm has a
A) Participative budget
B) Zero-based budget
C) Flexible budget
D) Activity-based budget

Question

Quizplus · Accepted Answer

A participative budget involves input from managers and employees, allowing for a more inclusive and collaborative budgeting process.

When Upper-Level Management Prepares a Budget with Consultations from Managers