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January 26, 2023

Differences in A Top Down Budget and A Bottom up

Bethel University Differences in A Top Down Budget and A Bottom up Budget Discussion
Question: What are differences in a top-down budget and a bottom-up budget? What are the advantages and disadvantages of each? Within a budget define a line item, responsibility center. What is a direct cost? Indirect cost? Fixed Cost? What does Break-even mean?

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