Johnson Retail has seven stores located throughout the state of Vermont. Once a year, store managers meet in the corporate headquarters where they are given their budgets that were created by finance for the next year. Over the course of that week, finance presents the budgets for each store allowing store managers to ask questions about their budget and to make changes to their budgets. Which of the following is true?

Johnson Retail is a centralized decision$-$making organization that uses a participative budget.

Johnson Retail is a decentralized decision$-$making organization that uses a participative budget.

Johnson Retail is a centralized decision$-$making organization that uses a rolling budget.

Johnson Retail is a decentralized decision$-$making organization that uses a rolling budget.