Bottom –up budgeting utilized input from the lower level employees in a company to aid in the budget development process. The approach may still be initiated by management; however the lower level employees formulate the budgets for their departments. This process has the potential to become too time consuming. Top –Down Approach to budgeting is where managers created the parameters of the budget. Top-down budgeting has the advantage of setting the tone for the organization, however does not
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Software development process, advertising department, lower level employees