Which of the following is NOT a top-down approach to budget setting?
A) The affordable method
B) Payout planning
C) Competitive parity
D) Return on investment

Name: Which of the following is NOT a top-down approach to budget setting? A) The affordable method B) Payout planning C) Competitive parity D) Return on investment
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Question

Quizplus · Accepted Answer

Payout planning is a bottom-up approach where the budget is set based on the expected returns from the investment, unlike the other methods which are top-down.

Which of the Following Is NOT a Top-Down Approach to Budget