Knowledge Check $02$

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

multiple choice $1$

Participative budgeting

Continuous budgeting

Zero$-$based budgeting

Financial budgeting

Knowledge Check $03$

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

multiple choice $2$

Understating costs

Overstating profits

Overstating assets

Understating revenues

Knowledge Check $04$

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

multiple choice $3$

Zero$-$based budgeting

Bottom$-$up budgeting

Continuous budgeting

Top$-$down budgetin