Which of the following statements regarding the budgeting process is true?

B.The budget should be designed from the bottom up, with input from employees at
all levels.
B.The budget should be approved by the company’s external auditors.
C.The budget should always be designed by top corporate management.
D.All the above statements are true regarding the budgeting process.

B.The budget should be designed from the bottom up, with input from employees at
all levels.