Which can be considered to be an advantage of a top-down budget?
A) Uses the knowledge of all staff to build a fair budget
B) Devolves responsibility down the organization, through employee involvement
C) Motivates staff through participation
D) Cost effective to produce as it involves only a few people with less negotiations

Question

Quizplus · Accepted Answer

A top-down budget is cost-effective to produce because it involves fewer people in the decision-making process, reducing the time and resources spent on negotiations and consultations.

Which Can Be Considered to Be an Advantage of a Top-Down