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Which one of the following is true of participative budgeting? Development is less time-consuming It is developed using a top-down approach- wrong Lower-level management can
Which one of the following is true of participative budgeting?
- Development is less time-consuming
- It is developed using a top-down approach- wrong
- Lower-level management can provide more accurate estimates
- Lower-level management may feel budgets are unrealistic.
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