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What are the differences between top-down and bottom-up budgeting? What are the differences between planning budget and flexible budget? Pls answer according to structure below:

What are the differences between top-down and bottom-up budgeting?

What are the differences between planning budget and flexible budget?

Pls answer according to structure below:

Intro: Identity what are top-down and bottom-up budgeting as well as planning budget and flexible budge ?

Body: Direct answer

Conclude: up to you.

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