Question

Assuming a bottom-up process of budget development, which of the following should be initially responsible for developing sales estimates?

a. The budget committee.
b. The accounting department.
c. The sales department.
d. Top management.
e. The marketing department.

Answer 1

Answer: The Sales Department

Step-by-step explanation:

In budgeting, a bottom-up approach simply means that each head of department in the organization create a budget that'll be sent upwards for approval.

Assuming a bottom-up process of budget development, the sales department should be initially responsible for developing sales estimate.