Question

A budgeting process where individuals who are impacted by a budget are directly involved in its development is​ called: A. participative budgeting B. cooperative budgeting C. benefit budgeting D. flexible budgeting

Answer 1

Answer:

A. participative budgeting

Explanation:

Participative budgeting -

It refers to the type of method of budgeting , where the person implementing the budget as well as the person getting affected by the budget are involved in the process of creating the budget , is referred to as participative budgeting .

In this method the top - level managers are supposed to share the decision of budgeting with the bottom - level managers as well .

Hence , from the given information of the question ,

The correct answer is A. participative budgeting .