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define and explain each of the following approaches to budgeting design: Mandated approach to budget design, Participative approach, Blended approach. Which approach do you prefer?
define and explain each of the following approaches to budgeting design:
Mandated approach to budget design,
Participative approach,
Blended approach.
Which approach do you prefer? Why?
In your answer consider the following questions:
What the advantages and disadvantages of each?
How are they alike or different?
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