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Traditional budget formulation process focuses on the compelling needs to address the widespread problem of poor...

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Finance

Traditional budget formulation process focuses on the compellingneeds to address the widespread problem of poor public sectorperformance.
What are these processes that traditional budget formulationfocuses on? Give an example of each focus.

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Traditional budgeting formulation is a complex method to prepare the budget of current year by changes in previous years budget The changes are mainly allocation of fund to new heads and    See Answer
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Traditional budget formulation process focuses on the compellingneeds to address the widespread problem of poor public sectorperformance.What are these processes that traditional budget formulationfocuses on? Give an example of each focus.

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