________ occur(s)when managers ask subordinates to discuss their ideas about the budget,but no joint decision-making occurs.
A)Authoritative budgeting
B)Stretch targets
C)Consultative budgeting
D)Budget slack

Question

Quizplus · Accepted Answer

Consultative budgeting occurs when managers ask subordinates for their input and ideas about the budget, but ultimately the decision-making power resides with the manager. This approach is less authoritarian than authoritative budgeting but still does not allow for joint decision-making. Stretch targets are a form of setting ambitious goals for the budget, while budget slack involves padding the budget with extra money in case of unexpected expenses.

________ Occur(s)when Managers Ask Subordinates to Discuss Their Ideas About