Managers do not need to know why a budget is being prepared,as these are prepared by higher authorities.

Question

Quizplus · Accepted Answer

Managers should know why a budget is being prepared as they are responsible for managing their department or area of the business and need to ensure that resources are allocated appropriately to achieve business objectives. Knowing why the budget is being prepared can also help them to effectively communicate and prioritize the needs of their department to higher authorities.

Managers Do Not Need to Know Why a Budget Is