Which statement best defines a participative budget? Select one: O a. It is NOT subject to review by higher levels of management since to do so would contradict the participative aspect of the budgeting processing. O b. Given to shareholders to review and evaluate. O c. It is subject to review by higher levels of management in order to prevent the budgets from becoming too loose. Od. It is NOT subject to review by higher levels of management except in specific cases where the input of higher management is required. Oe. It is NOT critical to the success of a budgeting program