Which one of the following statements is false?

a. An advantage of authoriative budgeting is that upper management knows the strategic objectives of the company.

b. An advantage of participative budgeting is that segment managers have an excellent understanding of products, technology, and current customer needs.

c. An advantage of authoriative budgeting is universal acceptance of the final budget from line employees.

d. An advantage of participative budgeting is that lower managers who help prepare the budget are likely to support the final budget.