Under both participative budgeting and imposed budgeting,the process is
A)Linear.
B)Iterative.
C)Curvilinear.
D)None of these ans choices are correct.

Question

Quizplus · Accepted Answer

The process of both participative and imposed budgeting is iterative, meaning it involves a cycle of planning, executing, monitoring, and adjusting the budget over time. The iterative process allows for flexibility and adaptability to changing circumstances or new information, resulting in a more accurate and effective budget.

Under Both Participative Budgeting and Imposed Budgeting,the Process Is