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Imposed style of budgeting (top-down budgeting) approach to budgeting is where top management prepare a...

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Accounting

Imposed style of budgeting (top-down budgeting) approach to budgeting is where top management prepare a budget with little or no input from operating personnel which is then imposed upon the employees who have to work to the budgeted figures.
Discuss the advantages and disadvantages of this approach

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