Which of the following is an advantage of using bottomup budgeting?
A) It is less timeconsuming than the top down approach.
B) It eliminates most forms of budgetary slack.
C) Middle managers are likely to be highly motivated to achieve budgetary goals.
D) Supervisory managers are likely to know the longterm strategic needs of the company.
Correct Answer:
Verified
Q174: Which of the following is a disadvantage
Q175: The _ budget of a firm brings
Q176: _ are also called explicit costs.
A) Indirect
Q177: Which of the following is a difference
Q178: Outofpocket costs involve the loss of _.
A)
Q180: _ provide reports and analysis to seniorlevel
Q181: Briefly discuss managerial accounting.
Q182: Describe the role of the Financial Accounting
Q183: In activitybased costing, product costs are assigned
Q184: What are the major financial statements? Discuss
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