Bottom-up budgeting is also referred to as a participative budgeting.

Question

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Bottom-up budgeting involves input and participation from different levels of an organization, whereas top-down budgeting is more centralized and involves senior executives dictating budgets. Participative budgeting allows for input and collaboration from different departments and levels of an organization in the budgeting process, making it a synonymous term for bottom-up budgeting.

Bottom-Up Budgeting Is Also Referred to as a Participative Budgeting