Acloe Inc., a nutrition bar manufacturing company, plans to commence its budget preparation. The management of the organization comes to a consensus that it will use a budgeting approach that will encourage the active participation of the middle and supervisory managers and consider their suggestions while creating the budget. Acloe Inc. is most likely to adopt the _____ budgeting approach.

Question

Quizplus · Accepted Answer

The bottom-up budgeting approach involves the active participation of middle and supervisory managers, allowing them to contribute their suggestions and insights during the budget creation process.

Acloe Inc, a Nutrition Bar Manufacturing Company, Plans to Commence Its