Some alternative strategies to budget consolidation could include zero-based budgeting, where every expense must be justified for each new period. Another strategy could be incremental budgeting, where the current budget is the basis and adjustments are made based on the changes in the environment. There's also activity-based budgeting, which determines the cost of activities necessary for producing an output, and then creates a budget accordingly.
Simplify the process of budget creation with our Budgeting Model template. This template includes ex...
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