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Author Question: Which of the following is not a characteristic of a participative budget? (Read 48 times)

tspaw0811

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Question 1

Which of the following is a disadvantage of participative budgeting?
◦ It is a method of tactical planning.
◦ It is considering to be rolling throughout each budget period.
◦ Managers may pad the budget.
◦ It requires each amount to be justified each budget period.

Question 2

Which of the following is not a characteristic of a participative budget?
◦ It will produce a more accurate budget than an imposed budget.
◦ It is a time-consuming process as many people must provide input.
◦ It tends to elicit more commitment to the budget than a top-down budget.
◦ It is the most efficient method of budget preparation.


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Marked as best answer by tspaw0811 on Feb 5, 2023

H.cope00

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tspaw0811

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Reply 2 on: Feb 5, 2023
Excellent


shailee

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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