4.     Definition of budgeting and types of budgets 5.     Top down budgets versus bottom-up 6.     Conventional versus zero based budgets 7....

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Finance

4.     Definition of budgeting andtypes of budgets

5.     Top down budgets versusbottom-up

6.     Conventional versus zerobased budgets

7.     Static versus flexiblebudget

8.     Variance analysis, includingflexible budget and actual budget. Why and how?

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4 Budget is a plan usually made in the beginning of anyoperation so that the actual can be compared withe the expected orthe targets5 Top down budget is given by    See Answer
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4.     Definition of budgeting andtypes of budgets5.     Top down budgets versusbottom-up6.     Conventional versus zerobased budgets7.     Static versus flexiblebudget8.     Variance analysis, includingflexible budget and actual budget. Why and how?

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