A likely advantage of a top-down budgetary process (compared to a participatory budget process) is

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A top-down budgetary process is characterized by the centralization of budget decisions. This means that budgets are determined by upper-level management and then imposed on lower-level managers. Such a process is less participatory, and lower-level managers have little or no input into the budgeting process. As a result, they may be less likely to indulge in budgetary slack, which is the practice of building slack or cushion into the budget to protect managers from the uncertainties of the budgeting environment. Top-down budgeting may thus result in lower budgetary slack, which is an advantage of this process.

A Likely Advantage of a Top-Down Budgetary Process (Compared to a Participatory