Budgets are generally developed for the organisation as a whole as department managers do not have budget authority.

Question

Quizplus · Accepted Answer

Budgets are often developed with input from department managers because they have detailed knowledge of their own areas, which is crucial for accurate and effective budgeting. This collaborative approach helps ensure that the budget reflects the needs and goals of the entire organization, including individual departments.

Budgets Are Generally Developed for the Organisation as a Whole