While always knowing best for his employees at his company in Westchester, NY, Alex gets into an argument about budgeting. His colleague, Josh, believes in participative budgeting because participative budgeting has the following benefit?

Multiple Choice

• A twelve-month planning horizon is maintained at all times.

• Communication is clearer because it flows in only one directionupward.

• Budget planning is highly centralized.

• Employees tend to be more motivated to achieve the budget.