Which type of budgeting considers inputs from employees at all levels of a company?
A)Top-down budgeting
B)Selective budgeting
C)Target budgeting
D)Participative budgeting

Question

Quizplus · Accepted Answer

Participative budgeting involves input from employees at all levels of a company, including front-line workers and mid-level managers, in the budgeting process. This approach is intended to increase ownership and accountability among employees and improve the accuracy of budget estimates. Top-down budgeting involves the senior leadership team developing the budget without input from lower-level employees, selective budgeting involves choosing which areas of the organization will receive budget input, and target budgeting involves setting goals and targets for specific areas of the company before developing the budget.

Which Type of Budgeting Considers Inputs from Employees at All