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Kaylisha Anderson
on Oct 15, 2024

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Budgets are normally more effective when all levels of management are involved in the budgeting process.

Budgeting Process

A systematic approach to estimating the financial performance and resource requirements of a business for a future period, typically involving setting goals and preparing detailed plans.

Management Levels

The multiple layers of management in an organization, typically ranging from top-level executives to mid-level and then first-level managers.

  • Perceive the essentiality and benefits of integrating various management strata in the process of budgeting.
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Carolina PachecoOct 21, 2024
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