Which of the following is an advantage of using bottom-up ...

[jparksx]

Which of the following is an advantage of using bottom-up budgeting?
 A) It is less time-consuming than the top-down approach.
  B) It eliminates most forms of budgetary slack.
  C) Middle managers are likely to be highly motivated to achieve budgetary goals.
  D) Supervisory managers are likely to know the long-term strategic needs of a company.

Question 2

The Smithsonian Institution exists to preserve historical and cultural items of value and to share those items with the public; it does not exist to maximize the wealth of any shareholders. This entity is organized as a(n)
 A) cooperative.
  B) quasi-government corporation.
  C) S-corporation.
  D) not-for-profit corporation.
  E) closed corporation.

[xMRAZ]

Answer to Question 1

C

Answer to Question 2

D