Question: A budgeting process in which middle - and lower - level managers set departmental budget targets in accordance with overall company revenues and expenditures specified

A budgeting process in which middle- and lower-level managers set departmental budget targets in accordance with overall company revenues and expenditures specified by top management is called _____.
Group of answer choices
zero-based budgeting
top-down budgeting
cash budgeting
bottom-up budgeting
expense budgeting

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