Angela is part of the senior management of Fifian Inc., an event management company. She and with other members of the senior management plans the annual budget of the company. Angela, however, is not required to take inputs from or involve the middle and supervisory managers of the company in this planning process. In the given scenario, Fifian Inc. most likely uses _____.
A) top-down budgeting
B) incremental budgeting
C) bottom-up budgeting
D) zero-based budgeting

Question

Quizplus · Accepted Answer

Top-down budgeting is a process where senior management prepares the budget with little to no input from middle or supervisory managers, which aligns with Angela's situation.

Angela Is Part of the Senior Management of Fifian Inc