General Studies · Budgeting & Financial Management
Consider the following statements regarding the participation of junior management in setting budgets: 1. It speeds up the setting of budgets. 2. It increases the motivation of junior managers. 3. It is a top-down approach. Which of the above statements is/are TRUE?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 11, 2 and 3
- 22 and 3 only
- 32 only✓
- 41 only
Correct answer
2 only
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