Question: In this year s budgeting process, your CEO has asked all of the functional managers in the organization to submit how much they think training

In this year

s budgeting process, your CEO has asked all of the functional managers in the organization to submit how much they think training will cost for their employees next year. The estimates will then be combined to go into the company

s overall training budget. This is known as:

Top

-

down budgeting

Zero

-

based budgeting

Bottom

-

up budgeting

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