A bottom-up budget approach is also referred to as
A)participative budgeting.
B)imposed budgeting.
C)responsibility budgeting.
D)none of these answer choices are correct.

Question

Quizplus · Accepted Answer

A bottom-up budget approach involves involving employees at all levels in the budgeting process, encouraging participation and collaboration. This approach is also known as participative budgeting. Imposed budgeting refers to a top-down approach where upper management dictates the budget without employee input, while responsibility budgeting focuses on assigning budget responsibilities to specific departments or individuals.

A Bottom-Up Budget Approach Is Also Referred to as