Which of the following statements regarding the participative style of budgeting is not true?

Question

Quizplus · Accepted Answer

The participative style of budgeting involves giving department managers ownership of the targets and budgets, so statement A is not true. The other statements are true: targets and budgets are prepared after negotiations between senior management and department managers, this style provides managers with some flexibility to achieve their targets, and it can often result in targets that are easier to achieve due to the involvement and buy-in of department managers.

Which of the Following Statements Regarding the Participative Style of Budgeting