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Authoritative budgeting and participative budgeting

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Discuss the advantages and disadvantages of authoritative budgeting and participative budgeting. Why an effective budget process usually combines both?

Explain Authorative budgeting and Participative budgeting.

Then,

Advantages of Participative Budgeting:

Disadvantages of Participative Budgeting

Advantages of Authoritative Budgeting:

Disadvantages of Authoritative Budgetig

Why effective budget process usually combines both ?

Reference no: EM133153544

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