A budget that is prepared with the full cooperation of managers at all levels is a self-imposed or.

Participative budgeting is a budgeting approach that allows managers who will be responsible for budget performance, to participate in budget development. Participatory Budgeting consists of two approaches, namely:

1. Top-down Approach

This approach emphasizes that senior management sets the budget for their subordinates. This approach often fails to be implemented due to a lack of coordination and commitment between budget makers and budget implementers.

2. Bottom-up Approach

This approach involves lower-level managers to participate in determining the budget. This participation will produce the results of thoughts and agreements between managers in the company, but if there is no adequate control over its implementation, it will cause a discrepancy between the budget and the realization.

Things that affect the positive impact of budget participation on budgeting are:

1. Possibility of greater acceptance of budget feature. This allows for greater commitment to budget preparation and execution.

2. This budget is more effective than other budgets. The amount of the approved budget is the result of the expertise and personal knowledge of the budget makers who have a clearer understanding of their work through interaction with superiors during the review and approval phase.

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