An advantage of top-down budgeting is:
A)That top management estimates of project costs are often quite accurate,at least in aggregate.
B)An elimination of the friction between top and lower levels in the competition for budget money.
C)That projects are no longer a zero-sum game among lower level managers.
D)That top management budgets,by definition,cannot experience overruns.

Question

Quizplus · Accepted Answer

Top-down budgeting allows top management to have a bird's eye view of the organization's financial situation, which enables them to make informed guesses about project costs. This usually leads to reasonably accurate estimates, at least in terms of overall costs.

An Advantage of Top-Down Budgeting Is