After exploration of the types of budgets and the processes for their development at your institution.How and from whom is input into the budgets acquired and used?Where does control of the budget lie?Explain

Process of Budget Preparation

After exploration of the types of budgets and the processes for their development at your institution.

a. How and from whom is input into the budgets acquired and used?
b. Where does control of the budget lie?
c. What influence do unit and midlevel managers have on the various kinds of budgets?

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