Top-down budgeting is a more participatory procedure than bottom-up budgeting.

Question

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In bottom-up budgeting, input is collected from different departments or levels of the organization, allowing for more participation from all levels. In contrast, top-down budgeting involves higher management creating the budget and then distributing it down to lower levels for implementation. Thus, bottom-up budgeting is a more participatory procedure than top-down budgeting.

Top-Down Budgeting Is a More Participatory Procedure Than Bottom-Up Budgeting