A budgeting process where individuals who are impacted by a budget are directly involved in its development is called ________.
A) flexible budgeting
B) benefit budgeting
C) participative budgeting
D) cooperative budgeting

Question

Quizplus · Accepted Answer

Participative budgeting, also known as collaborative budgeting or democratic budgeting, involves input and participation from individuals who are affected by the budget. This approach can result in increased buy-in and ownership of the budget, as well as greater transparency and accountability in the budgeting process. The other options, flexible budgeting, benefit budgeting, and cooperative budgeting, do not necessarily involve direct input from those impacted by the budget.

A Budgeting Process Where Individuals Who Are Impacted by a Budget