Which THREE of the following are advantages of changing from a 'top-down' to a 'bottom-up'...

The budget will be based on information from employees who are familiar with the day to day activities.

Motivation will improve due to a feeling of ownership of the budget.

There will be increased commitment to organizational objectives.

Budget setters will be forced to justify every item on the budget.

There will be reduced likelihood of budgetary slack being built into the budgets for 'selfish' reasons.

It will be less time-consuming for operational managers.