All of the following are considered top-down approaches to determining budgets EXCEPT:
A)the objective and task method
B)the affordable method
C)the percentage of sales method
D)arbitrary allocation
E)the competitive parity method

Question

Quizplus · Accepted Answer

The objective and task method is a bottom-up approach where the budget is determined based on the cost of achieving specific objectives, unlike the other methods listed which are top-down approaches.

All of the Following Are Considered Top-Down Approaches to Determining