The budgeting process is not the same in every organization. Some organizations have a top-down approach. Others have a bottom-up process.

⦁ Explain the differences between the two approaches.
⦁ Discuss the advantages and disadvantages of each method compared to the other.
⦁ Describe your own organization’s (or one with which you are familiar, or an example from an online search) approach to budgeting. Writer, your choice on the organization
⦁ What does this organization do well in your opinion with regards to budgeting? What needs improved?Explain