What's it: Activity-based budgeting is a budgeting method by quantifying only key business activities and their associated costs. In the process of allocating money, the company maps critical activities to achieve company goals. Then, the
Budgeting
Top-Down Budgeting: Meaning, Stages, Advantages, and Disadvantages
What's it: Top-down budgeting is a budgeting approach in which top executives set a budget and then pass it on to managers for implementation. Budgeting will be following the targets and objectives to be achieved by management. Company