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Assoli18 [71]
3 years ago
10

What role does budget play and why exhibiting responsible money management behavior is important to reaching future financial go

als?
Business
1 answer:
larisa [96]3 years ago
7 0

Answer:

Some entities will follow a top-down mandatedapproach to budgeting. These budgets will begin with upper-level management establishing parameters under which the budget is to be prepared. These parameters can be general or specific. They can cover sales goals, expenditure levels, guidelines for compensation, and more. Lower-level personnel have very little input in setting the overall goals of the organization.

Explanation:

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