When an organization involves its employees in the budgeting process in a meaningful way, the organization is said to be using an approach most commonly known as:

Question

Quizplus · Accepted Answer

Participative budgeting involves involving employees in the budgeting process in a meaningful way, often by soliciting their input or suggestions. This approach can lead to increased employee ownership and accountability for achieving the budget goals, as well as increased morale and satisfaction among workers. Budgetary slack, budget padding, and imposed budgeting all involve different approaches to creating budgets that do not involve meaningful employee participation in the process. Employee-based budgeting is not a commonly recognized term in the field of budgeting, and thus is not a likely answer choice.

When an Organization Involves Its Employees in the Budgeting Process