Question: Question 1: Using relevant examples, explain eight advantages of budgeting Question 2: Explain the meaning and implications of responsibility accounting. Provide relevant examples. Question 3:

Question 1: Using relevant examples, explain eight advantages of budgeting

Question 2: Explain the meaning and implications of responsibility accounting. Provide relevant examples.

Question 3: Which is more effective: an imposed (top-down) budget or a participatory (bottom-up budget)? Compare and contrast. Provide relevant examples.

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