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Differentiate production budget and a manufacturing budget

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Question: 1. The motivation of employees is one goal of budgeting. Identify three guidelines that organizations should follow if budgeting is to serve effectively as a source of motivation for employees.

2. Good management includes good budgeting.

(1) Explain why the bottom-up approach to budgeting is considered a more successful management technique than a top-down approach.

(2) Provide an example of implementation of the bottom-up approach to budgeting.

3. What is the difference between a production budget and a manufacturing budget?

Reference no: EM131539083

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