Which budgeting method takes a bottom-up approach by defining specific objectives,determining the tasks needed to achieve these objectives and then estimating how much each task will cost?

Question

Quizplus · Accepted Answer

The objective-and-task method is the budgeting method that takes a bottom-up approach by defining specific objectives, determining the tasks needed to achieve these objectives, and then estimating how much each task will cost. This method is considered the most accurate because it ensures that all expenses are directly linked to specific objectives and tasks. The other options listed do not involve this specific process of defining tasks and estimating costs.

Which Budgeting Method Takes a Bottom-Up Approach by Defining Specific