Top-down budget

1)A company may face the following situations when preparing a budget.
a)operational manager lack budgeting skills.
b)there is an economic recession.
In which situation would top down budget be appropriate ?
A.Both situations
B.Neither situation
C.Situation b only\
D.situation a ony

2)Which of the following would not be contained in a mission statement?
A)services offered
B)Responsiblities towards key stakkeholders
C)detailed operational objectives for the year
D)Major goals of the organistion

3) The following statements relate to value analysis
a)value analysis aims to eliminate unnecessary costs
b)value analysis should not result in reduction of a product’s functionality.
which statements are correct?
A)Neither a nor b
B)both a and b
C)b only
D)a only