ocr: Communication The budget process is. a mechanism whereby the most senior tier of management is able to communicate the desired organisational objective(s) tor more junior managers and other employees. The lines of communication flow down from the top managers towards the subsidiary levels, while the plans themselves become increasingly retined and quantifiable. One of the primary tunctions of the budget is to delineate areas of responsibility hroughout the organisational structure. Theretore the budget provides an ideal mechanism for explaining to every member of personnel exactly what ise exp ...
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