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Q1: Answer the following questions: 1.1. Discuss budget and budgeting process in 150-200 words. 1.2. Discuss the different steps in budgeting processes in 200-250 words.

Q1: Answer the following questions: 1.1. Discuss budget and budgeting process in 150-200 words. 1.2. Discuss the different steps in budgeting processes in 200-250 words. 1.3. Explain the following types of budgeting processes in 150-200 words. a) Activity-based budgeting b) Value proposition budgeting c) Zero-based budgeting

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