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Describe, in your own words, the following approaches to designing a budget: Mandated approach to budget design, Participative approach, and the Blended approach. What advantages

Describe, in your own words, the following approaches to designing a budget: Mandated approach to budget design, Participative approach, and the Blended approach. What advantages or disadvantages do you believe each approach carries? Which approach do you think is the best?

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