Question 1
Top down budgeting is a financial planning strategy, especially in the budget making process in which financial spending is allocated starting at the highest levels of aggregation downwards (Kramer and Hartmann 317). Top down budgeting, in most instances, considers the overall spending amount required at the involved institution before breaking it down to the departmental levels. The strategy considers that it is the largest units and highly-rated programs of an organization that really matter for the success of a business organization. The emphasis on the larger aspects of business is intended to ensure that significant and important departments in ...
