Which of the following is an advantage of using bottom-up budgeting?
A)It is less time-consuming 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 long-term strategic needs of a company.

Question

Quizplus · Accepted Answer

One advantage of bottom-up budgeting is that middle managers are likely to be highly motivated to achieve budgetary goals because they have been involved in the budgeting process and have a stake in the outcome, which can increase their commitment to achieving the budget. A is incorrect because bottom-up budgeting can be more time-consuming since it involves input from multiple levels of management. B is incorrect because it is difficult to eliminate all forms of budgetary slack regardless of the budgeting approach. D is incorrect because the long-term strategic needs of a company are typically determined by top-level management, not supervisory managers.

Which of the Following Is an Advantage of Using Bottom-Up