Top$-$down budgeting is:

$3$

Multiple Choice

points

$00$:$35$:$46$

when top management sets the budget and imposes it on lower levels of the organization.

Files

$$ when top management sets the budget and imposes it on lower levels of the organization.

$$ when the local managers impose a budget on the top management.

$$ when top management imposes a budget on the board of directors.

$$ when customers impose a budget on top management of the company.