For the past three years, Apex Industries has employed top-down budgeting. Throughout that entire period, the firm's budgeted costs and revenues have differed significantly from its actual numbers. Apex's CEO believes the best way to remedy this issue is to switch to bottom-up budgeting, and he asks your opinion of his idea. What is your best response? O. "Bottom-up budgeting will likely produce more accurate numbers, but only if you take care to ensure that the firm's lower- level managers are not manipulating their forecasts to make their performance look better than it really is. Also, it's important to remember that bottom-up budgeting is usually more time consuming than top-down budgeting." "Bottom-up budgeting offers several benefits in that it takes less time than top-down budgeting and is more likely to ensure that lower-level managers are committed to meeting their budgeted numbers. However, there is no evidence indicating that bottom-up budgets are any more accurate than top-down budgets." O "That s