Which of the following is not a characteristic of a top-down budget environment?
A) Executive management creates the budget.
B) This approach is referred to as participative budgeting.
C) The budget is pushed down through the organization.
D) All of these ans choices are characteristics of a top-down budget environment.
Correct Answer:
Verified
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A)Plan for
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Q25: The key inputs for the direct materials
Q29: Since the cash budget drives all other
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Q36: The first component of the master budget
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