Question: What is the difference between top-down budgeting and bottom-up budgeting concepts? When would you use one concept versus another? Based on your experience, which one

What is the difference between top-down budgeting and bottom-up budgeting concepts? When would you use one concept versus another? Based on your experience, which one is more effective and why?

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1 The difference between the two approaches are as follows Topdown budgeting In company budgeting a topdown method includes the senior administration crew growing highlevel finances for the complete o... View full answer

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