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The top-down budget development approach the budget:
A. is imposed on lower-level personnel who rarely are involved in budget construction.
B. centers on lower-level employee participation.
C. process begins with the issuance of general guidelines by top management.
D. Both B and C.
E. None of these.
Solution
The correct answer for this question is option D.
The top down budget approach centres on lower level employee participation and begins with the
issuance of general guidelines by the top management, percolated down the line of authority.

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The top-down budget development approach the budgetA.   is impose.pdf

  • 1. The top-down budget development approach the budget: A. is imposed on lower-level personnel who rarely are involved in budget construction. B. centers on lower-level employee participation. C. process begins with the issuance of general guidelines by top management. D. Both B and C. E. None of these. Solution The correct answer for this question is option D. The top down budget approach centres on lower level employee participation and begins with the issuance of general guidelines by the top management, percolated down the line of authority.