Explore BrainMass

Explore BrainMass

    Decentralised Budgeting

    Not what you're looking for? Search our solutions OR ask your own Custom question.

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    Please help with with the questions below:

    Define decentralized budgeting. Discuss what benefits could be realized by implementing decentralized budgeting and defend with examples.

    List two critical requirements for accurate capital budgeting estimation. Also, give an example of applying one capital budgeting tool.

    © BrainMass Inc. brainmass.com March 5, 2021, 12:52 am ad1c9bdddf
    https://brainmass.com/business/capital-budgeting/decentralized-budgeting-capital-budgeting-544097

    Solution Preview

    Define decentralized budgeting. Discuss what benefits could be realized by implementing decentralized budgeting and defend with examples.

    Budget refers to allocation of resources by laying down a plan. As per hubpages. "Decentralized budgets involve more input from individuals outside of the upper management team." It is a bottom-up approach where all the levels of management contribute to the preparation of the budget. There are important benefits which could be realized by ...

    Solution Summary

    This solution defines decentralized budgeting and provides benefits that are associated with its use, including specific examples to support the statements made. Additionally, this solution describes the two critical requirements for accurate capital budgeting estimation and gives an example of the application of one capital budgeting tool.

    $2.49

    ADVERTISEMENT