A top-down approach to budgeting motivates employees and leads to greater budget acceptance.

Question

Quizplus · Accepted Answer

A top-down approach to budgeting involves management setting the budget and then informing employees of their targets. This can lead to a lack of motivation and resistance to the budget. A bottom-up approach, on the other hand, involves employees contributing to the budgeting process, which can lead to greater buy-in and motivation to meet the budget targets.

A Top-Down Approach to Budgeting Motivates Employees and Leads to Greater