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Participative budgeting is an approach to budgeting that a. is top-down in nature. b. allows top management to set the budget. c. discourages budget slack.

Participative budgeting is an approach to budgeting that

a.

is top-down in nature.

b.

allows top management to set the budget.

c.

discourages budget slack.

d.

is more likely to motivate people to work towards the organizations goals than a top down approach.

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