Which of the following is referred to as the bottom-up approach to budgeting? O lower-level managers...

 

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Which of the following is referred to as the bottom-up approach to budgeting? O lower-level managers setting their individual performance targets that aggregate to be the company-wide target lower-level managers providing inputs to the budgeting process based on their specialized knowledge and farmiliarity of the operation O lower-level managers implementing the budgets with senior managers monitoring progress and investigating deviations O senior managers consulting middle- and lower-level managers to investigate any deviations from the budget Which of the following is referred to as the bottom-up approach to budgeting? O lower-level managers setting their individual performance targets that aggregate to be the company-wide target lower-level managers providing inputs to the budgeting process based on their specialized knowledge and farmiliarity of the operation O lower-level managers implementing the budgets with senior managers monitoring progress and investigating deviations O senior managers consulting middle- and lower-level managers to investigate any deviations from the budget

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The answer is B Bottomup budgeting is whe... View the full answer