32. Which of the following statements about budget acceptance in an organization is true? Group of answer choices The most widely accepted budget by the organization is the one prepared by top management. Budgets have a greater chance of acceptance if all levels of management have provided input into the budgeting process. The most widely accepted budget by the organization is the one prepared by the department heads. Budgets are hardly ever accepted by anyone except top management.
32. Which of the following statements about budget acceptance in an organization is true? Group of answer choices The most widely accepted budget by the organization is the one prepared by top management. Budgets have a greater chance of acceptance if all levels of management have provided input into the budgeting process. The most widely accepted budget by the organization is the one prepared by the department heads. Budgets are hardly ever accepted by anyone except top management.
Chapter7: Budgeting
Section: Chapter Questions
Problem 6MC: Which of the following is true in a bottom-up budgeting approach? Every expense needs to be...
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Question
32.
Which of the following statements about budget acceptance in an organization is true?
Group of answer choices
The most widely accepted budget by the organization is the one prepared by top management.
Budgets have a greater chance of acceptance if all levels of management have provided input into the budgeting process.
The most widely accepted budget by the organization is the one prepared by the department heads.
Budgets are hardly ever accepted by anyone except top management.
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