Top-down budgeting methods are commonly used because of
A)their effectiveness.
B)the upper management's desire for control.
C)the growing availability of computer simulations.
D)the ease with which a manager can assess the impact of sales on ROI.
E)their quantitative nature.

Question

Quizplus · Accepted Answer

Top-down budgeting methods are often used because upper management desires control over the budgeting process and decision-making authority. This method allows for senior executives to set overall organizational goals and then delegate the amounts for specific departments or units.

Top-Down Budgeting Methods Are Commonly Used Because of