$(1)$

Required information

Knowledge Check $02$

A bottom$-$up approach to budgeting is also called:

Print

Participative budgeting

Continuous budgeting

Zero$-$based budgeting

Financial budgeting

Knowledge Check $03$

In participative budgeting, employees may try to build budgetary slack by:

Understating costs

Overstating profis

Overstating assets

$$ Understating revenues

Knowledge Check $04$

Which of the following approaches to budgeting starts from scratch without considering the last period's resust?

Zero$-$based budgeting

Bottom$-$up budgeting

Continuous budgeting

Top$-$down budgeting

Mc

Prex

$5$ of $20$

Next

Grill

DO$..$

$480$ PM

$420005$

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