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Mathematics, 25.12.2021 07:20 stinkaq
Bottom-up budgeting includes the process of distributing forecasting instructions and worksheets where:
a. managers are trained in the concepts of a sound pay-for-performance policy.
b. firms furnish managers with the forms and instructions necessary to preplan increases.
c. each manager's forecast is examined and changes based on noted inequities are recommended.
d. managers are presented statistical summaries of the forecasting data by each department.
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