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Your manager has asked you as a project manager, "How does the Bottom-Up budgeting process work? I hear the terms bottom up and top down."

describe the 4 basic steps in the bottom-up budgeting approach by identifying the organizational level (Upper Management, Functional Management, and Project Management) and type of budget prepared at each step. For each type of budget, describe why it is used at this level.

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M947160

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