compare the top-down and bottom-up approach to budgeting 2. Compare perpetual, incremental and zero-based budgeting 3. Compare...

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General Management

compare the top-down and bottom-up approach to budgeting

2. Compare perpetual, incremental and zero-based budgeting

3. Compare imposed and participative approaches to budgeting

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Topdown budgeting can be seen as a process of budget making by the top management of any organization Once the budget is decided by the top management it is being handed over to the lower level managers or departments This approach can be seen as a better method of budgeting as lower management can be involved in performing their normal operations rather than taking the pain of budget making Thus lower management is able to save time for operational activities But as this budget is prepared by those managers who are not involved in the operations of    See Answer
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