Companies all around the globe use master budgets, but there is considerable variation in the use of

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Companies all around the globe use master budgets, but there is considerable variation in the use of participation in the budgeting process. In some countries, top-down budgeting is prevalent, while in other countries, companies frequently use participative budgeting. Why is it important to find out who within a company participates in the budget process?
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Managerial Accounting An Introduction to Concepts Methods and Uses

ISBN: 978-1111571269

11th edition

Authors: Michael W. Maher, Clyde P. Stickney, Roman L. Weil

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