Which of the following is true of participative budgeting?

A.

The budgeting process is quick, usually only requiring one - two weeks to complete.

B.

Budgets are more achievable because those impacted by the budget helped create it.

C.

Budgets are developed separately in a company's business segments so coordination is not necessary.

D.

Preliminary budgets are developed by top management and flows down to the departmental level.