Prenora Inc., a newly established company, is set to prepare its first budget. The top management of the company decides to use a budgeting approach that will seek active participation from the middle and supervisory managers of the company. In the given scenario, Prenora Inc. will most likely use the _____ to budgeting.

Question

Quizplus · Accepted Answer

The bottom-up approach to budgeting involves active participation from middle and supervisory managers, allowing them to contribute to the budget preparation process.