Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. in at least 225 words answer the following: (pleas

In at least 225 words answer the following: (Please cite any references used) What is the difference...

90.2K

Verified Solution

Question

Finance

In at least 225 words answer the following: (Please cite anyreferences used)

What is the difference between top-down and participativebudgeting? Which method do you think is the most effective, andwhy?

Answer & Explanation Solved by verified expert
4.0 Ratings (808 Votes)
In corporate budgeting a topdown approach involves the senior management team developing a highlevel budget for the entire organization With a bottomup approach the process starts in the individual departments    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Transcribed Image Text

In at least 225 words answer the following: (Please cite anyreferences used)What is the difference between top-down and participativebudgeting? Which method do you think is the most effective, andwhy?

Other questions asked by students

Q

What realities of nature do source-sink models and landscape models include that basic metapopulation models do...

Biology
Q

In the short run, under what conditions should the firm shut down? a. average total cost at...

Economics
Q

What are the sources of eustress for you? What are the sources of distress for you?...

Psychology
Q

Briefly describe the classification of three main groups of magnetic materials, namely Diamagnetic, Paramagnetic and Ferromagnetic, in...

Electrical Engineering
Q

The transitation from vegetative growth to flowering requires which of the following steps:A. Cells must...

Biology
Q

QUESTION 14 3 points The goal in this question is to estimate the value In...

Calculus
Q

olve the A log6x 2 x

Calculus
Q

54 4 3 OF 7 wh 5 O 10 3 4 5 6 7 8...

Calculus
Q

The Canadian Human Rights Commission oversees both the Canadian Human Rights Act and the Employment...

Accounting
Q

On January 1, 2022, Frame Industries purchased a delivery vehicle costing $13,850. The vehicle has...

Accounting
Q

$VISION $LINE:NAME TSYSCODE Cost ($MM) Demand PT NTTT PT...

Finance
Q

The spot and forward bid ask prices (yen per dollar) are quoted as follows: Spot...

Finance