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(a) What is participative budgeting (5 points)? (b) Please state at least two advantages of participative budgeting (10 points). (c) Please state at least two

(a) What is participative budgeting (5 points)? (b) Please state at least two advantages of participative budgeting (10 points). (c) Please state at least two disadvantages of participative budgeting (10 points).

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