The most useful budget figures are developed:
A) By the budget committee.
B) From the "bottom-up" following a participatory process.
C) By the CEO.
D) After the accounting period has begun.
E) From the "top-down".

Question

Quizplus · Accepted Answer

Budget figures developed from the "bottom-up" following a participatory process are considered the most useful because it involves input from all levels of the organization and ensures that the budget is realistic and achievable. It also promotes transparency and accountability, which can increase employee buy-in and commitment to achieving budget goals.

The Most Useful Budget Figures Are Developed