Explain the differences between the two approaches. Discuss the advantages and disadvantages of each method compared to the other. What does this organization do well in your opinion with regards to budgeting? What needs improved?

Budgeting Process

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

1. Explain the differences between the two approaches.
2. Discuss the advantages and disadvantages of each method compared to the other.
3. 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
4. What does this organization do well in your opinion with regards to budgeting? What needs improved?