Which type of budgeting utilizes employees at all levels of the company?
A) Group budgeting
B) Selective budgeting
C) Target budgeting
D) Participative budgeting

Question

Quizplus · Accepted Answer

Participative budgeting involves employees at all levels in the budgeting process. It encourages collaboration and allows for a wider range of perspectives and input. This type of budgeting can lead to greater employee engagement and ownership in the budget, ultimately resulting in increased motivation and productivity.

Which Type of Budgeting Utilizes Employees at All Levels of the Company