Planning and control purpose
Questions:1. Briefly discuss the budgeting process. (5 marks)2. Based on your selected journal article, discuss citing examples whether the budgeting process satisfiesthe purpose of planning, controlling and evaluating performance. (5 marks)3. The two widely used practices in preparing budgets are ‘top down’ budgeting and ‘bottom up’budgeting. Identify and explain the practice adopted by the organisation […]
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