Accounting Question

1.Do you think only top managers (CEO, President, etc.) should prepare the company budget, or do you think all employees should have a say in the company budget? Why? Answer in couple sentences

2. Budgeting in corporate businesses is a team effort involving people from all organizational levels. Managers and individual contributors from every department do their part to provide information that company executives use to draft budget proposals. At the end of the day, members of the board of directors are ultimately responsible for approving or denying budget recommendations, but those recommendations result from work done throughout an organization.

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