- 1 Marks
MI – Nov 2014 – L1 – SA – Q3 – Budgeting
Identify the budgeting approach involving all departmental managers.
Question
Where there is active involvement of all departmental managers in the budgeting process, the budgeting approach is known as:
A. Bottom-up budgeting approach
B. Continuous budgeting approach
C. Feedback budgeting approach
D. Top-down budgeting approach
E. Activity-based budgeting approach
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