Which of the following is not a characteristic of a top-down budget environment?
A) Executive management creates the budget.
B) This approach is referred to as participative budgeting.
C) The budget is pushed down through the organization.
D) All of these answer choices are characteristics of a top-down budget environment.
Correct Answer:
Verified
Q19: If practical standards are used, the standard
Q20: Budgets assist managers in the areas of
Q21: Under both participative budgeting and imposed budgeting,
Q22: Which of the following budget approaches will
Q23: The formula for the production budget is
Q25: The key inputs for the direct materials
Q26: Preparing a budget does not allow managers
Q27: Which of the following is not a
Q28: A top-down budget approach is also referred
Q29: Since the cash budget drives all other
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents