Question: What is a key difference between top - down and bottom - up planning approaches? Top - down planning starts with an end goal in

What is a key difference between top-down and bottom-up planning approaches?
Top-down planning starts with an end goal in mind, while bottom-up planning begins from scratch.
Top-down planning tends to be less accurate than bottom-up planning.
Top-down planning is used for financial forecasting, while bottom-up planning is also used for operation planning.
Top-down planning includes little input from finance, while bottom-up plans are created jointly between finance and cross-functional teams.

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