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Which of the following statements about the budgeting process is true? Once the budget is created for the year, a company using a rolling budget

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Which of the following statements about the budgeting process is true? Once the budget is created for the year, a company using a rolling budget will continually add a new month of budgeted information as each month ends Incremental budgeting starts with zero and requires that every single line item be justified before being included in the budget A potential negative of participative budgeting is that lower level managers are generally less motivated to meet budgets they helped create One potential negative of participative budgeting is that lower level managers may not have the same access to detailed information that the executive tem does leading to less accu budgets

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