Lecture 2- Budgeting (1)

One function of budgets is

Another function of budgets is the of the various parts of the & ensuring that the parts are in with each other

Third function of budgets is to the various

Fourth function of budgets is to strive to the

Fifth function of budgets is

Sixth function of budgets is the of

First stage of budgeting process is of budget policy & to those people for of budgets

Second stage of budgeting process is that

Third stage of budgeting process is of

Fourth stage of budgeting process is of

Fifth stage of budgeting process is of with

Sixth stage of budgeting process is & of

Seventh stage of budgeting process is of

Last stage of budgeting process is of

Top down budgeting process- Budgeting process in which are imposed by . receive these

Bottom up budgeting process- Budgeting process in which propose & this is by . This is approach

Negotiated (parallel) budgeting process- Budgeting process in which there is of & approach