Bottom Up Budgeting Vs Top down Budgeting.

Bottom-up budgeting and top-down budgeting are two different approaches to the budgeting process within an organization. Here’s a brief explanation of each: Bottom-up Budgeting: In bottom-up budgeting, the budget is created by involving various departments or teams within the organization. Each department or team prepares its own budget based on its specific needs, objectives, and…...

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