A process in which lower-level managers anticipate their department's resource needs and pass them to top management for approval is called top-down budgeting.

Question

Quizplus · Accepted Answer

The process described is actually bottom-up budgeting, not top-down budgeting. Top-down budgeting is when top management sets the budget and allocates resources to lower-level departments.

A Process in Which Lower-Level Managers Anticipate Their Department's Resource