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(a) Outline five (5) advantages of an Imposed style of budgeting. (b) Outline three (3) advantages of a Participative style of budgeting. (c) Outline

 

(a) Outline five (5) advantages of an Imposed style of budgeting. (b) Outline three (3) advantages of a Participative style of budgeting. (c) Outline three(3) advantages and three (3) disadvantages of a Zero-based budgeting approach. (d) Outline three (3) advantages and three (3) disadvantages of Rolling budgets. (e) Outline five (5) sources of information for budgeting. (f) Explain briefly five (5) approaches to budgeting (g) Discuss the processes involved in Zero-based budgeting (h) Discuss ten (10) purposes or reasons for preparing budgets. (i) Define budget manual and outline five (5) information contained in a budget manual.

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