Which of the following are advantages of participative budgeting? Select one or more: i. increased ownership of the budget Oii. Departments may look for resources that just don't fit into the budget. Oiii. Lower management does not have to take time to prepare the budget iv. Those creating the budget may be out of touch with day-to-day activities O v. budgets which are not in-line with corporate objectives vi. Increases goal congruency and concentration on corporate objectives vii. higher spending targets which will result in a reconciliation process viii. too much focus on department objectives ix. increased understanding, communication and commitment on behalf of managers