Business, 02.12.2019 23:31 lanaiheart7
Sometimes budget amounts are arrived at by copying the previous year’s amounts and maybe adjusting them by some percentage, under the assumption that if the money was spent last year, it will be needed again this year. if the leadership of an organization instead wants to see a justification of every budget expenditure, then which approach would be best?
a. bottom-up budgeting
b. zero-based budgeting
c. top-down budgeting
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Sometimes budget amounts are arrived at by copying the previous year’s amounts and maybe adjusting t...
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