Budgets are prepared by the top-level executives of Phififfer Company.This is an example of which type of budgeting?

Name: Budgets are prepared by the top-level executives of Phififfer Company.This is an example of which type of budgeting?
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Mandated budgeting involves executives or higher management preparing budgets and imposing them on lower level staff or departments. This is a top-down approach where the budget is not open for discussion or feedback from lower level employees.

Budgets Are Prepared by the Top-Level Executives of Phififfer Company