Question

Do you think that most decision making impacts both top-down and bottom-up budgeting?

A. Yes

B. No

C. Depends on the context

D. None of the above

Answer 1

Both top-down and bottom-up budgeting can impact decision making in the context of various organizations.

Step-by-step explanation:

In the context of decision making, both top-down and bottom-up budgeting can have an impact. Top-down budgeting refers to the process where the budget is created and set by higher-level management or authorities and then handed down to lower-level employees or departments. On the other hand, bottom-up budgeting involves the participation of lower-level employees or departments in the budgeting process, where they provide input and recommendations for the budget.

In many cases, organizations use a combination of both approaches to ensure a more comprehensive and effective decision-making process. For example, top-down budgeting may be used to set overall financial goals and constraints, while bottom-up budgeting can allow for greater employee participation and insight into specific operational needs and resource allocation.

Therefore, the answer is A. Yes.