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Budgeting Process and Zero-Based Budgeting : A nonprofit organization is implementing zero-based budgeting for its fundraising department. The department manager identifies various fundraising activities and
Budgeting Process and Zero-Based Budgeting: A nonprofit organization is implementing zero-based budgeting for its fundraising department. The department manager identifies various fundraising activities and programs, along with their associated costs, and ranks them based on their importance and effectiveness. Calculate the budget for the fundraising department using zero-based budgeting principles and discuss the benefits and challenges of this budgeting approach for cost control and resource allocation.
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