Question

In Techsorrd Inc., the leads of the technical team, support team, and marketing team anticipate the resource needs for their respective departments and send them to the top management for approval. In this scenario, Techsorrd Inc. is most likely using _____.

Answer 1

Answer:

Bottom up budgeting

Explanation:

In Techsorrd Inc. the leads of the technical team , support team, and marketing team anticipate the resource needs for their respective departments and send them to the top management for approval. In this scenario, Techsorrd Inc. is most likely using Bottom up budgeting.

The budgeting in which the cost of all individual department is determined and then cost of all department is total up.

Bottom up budgeting helps in accuracy and accountability of the budget.  It also  helps in motivating the employees.