Organizational structure and budgets are linked together. What type of budget is most commonly used in decentralized organizations?
A) Imposed Budget
B) Participative budget
C) Rolling Budget
D) Zero-based Budget

Question

Quizplus · Accepted Answer

Decentralization is an organizational structure in which decision-making power is delegated to managers of respective departments. Participative budgets are prepared with the help of different managers of those respective departments and suggestions are taken by employees related to those particular budgets.

Organizational Structure and Budgets Are Linked Together