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Budgeting Budgeting The most common approach to budgeting is participative as apposed to a dictated approach, otherwise known as top-down budgeting. By definition a budget quantifies future financial plans and budgeting is the process of mapping out how the company resources under the control of the budget manager will be used. A firm grasp of.
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Common ApproachControl Of The Budget ManagerFuture Financial PlansNumber Of Stages