Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. which of the following statements about the top-do

Which of the following statements about the top-down and bottom-up components...

90.2K

Verified Solution

Question

Accounting

image
Which of the following statements about the top-down and bottom-up components of the budget-setting process is correct? The top-down component helps push managers to set stretch goals to get improvement. The bottom-up component helps the company incorporate the company's overall strategy into the company's detailed planning. The bottom-up component incorporates more of the knowledge from top managers who understand big-picture issues such as macroeconomic factors. The top-down component incorporates more detailed front-line information, such as the behavior and preferences of customers at a particular store

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Problem 1: A company is going public at $16 and will use theticker XYZ....

Accounting
Q

4. Make an amortization table for a plain vanilla CPM fully amortizing with the following terms....

Finance
Q

What is the more beneficial in resisting torsion the solid section or the hollow section? State...

Mechanical Engineering
Q

What early European civilization lived in the highlighted area of the map A Minoans B...

Biology
Q

R At resonance the applied voltage is Q times voltage drop across inductance for capacitance...

Physics
Q

Find the range mean and standard deviation of the data set 18 14 18 8...

Basic Math
Q

Taysir needs 25 000 in 4 years What amount must he invest today if his...

Basic Math
Q

Consider the graph shown in the figure which gives the velocity of an object moving...

Calculus
Q

On January ?2, 2014?, King Pet purchased fixtures for $ 48 comma 400 ?cash, expecting...

Accounting
Q

Variable costs per unit: Manufacturing: Direct materials Direct labor $12 $4 ...

Accounting
Q

TVM Consulting bought new building for its headquarters in the year 2000. The purchase cost...

Accounting
Q

Comprehensive Accounting Cycle Review 6 On December 1, 2017, Splish Brothers Inc, had the account...

Accounting