Click in the boxed areas to the right of each item below. A pick list will launch. Click on the pick list icon to reveal a drop-down menu of choices. Select the correct choice to turn the boxed area green. Every expenditure item must be justified to be included in a new budget Unattainable budget standards may discourage employees and reduce productivity Group of senior-level personnel responsible for overseeing budget development and monitoring adherence to the budget throughout the year Participative approach to budgeting The prior year's budget is used as a baseline for the following year so only new budget issues have to be evaluated Mandated approach to budgeting Can be intentionally added as a "cushion" during the budget process or unknowingly perpetuated through incremental budgeting