Although many organizations have moved away from this practice,traditionally organization budgets were developed by
A)the controller acting alone.
B)the controller and top managers.
C)all managers.
D)all employees.
E)None of these.

Question

Quizplus · Accepted Answer

Traditionally, organization budgets were developed by the controller and top managers working together. This approach ensured that there was input from both the financial perspective and from those with operational experience and knowledge. While some organizations may still use a top-down approach with the controller taking the lead, it is generally recognized that involving all managers, and sometimes even employees, in the budgeting process leads to a more comprehensive and accurate budget.

Although Many Organizations Have Moved Away from This Practice,traditionally Organization