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When Calvin explained his problem to Melissa,her facial expressions and comments encouraged him to say more.She occasionally restated to make sure she understood what he was saying.Which stage of listening was Melissa exemplifying?
Zero-based Budgeting
A budgeting method that starts from a "zero base" every period, requiring all expenses to be justified for each new period, as opposed to being carried forward.
Top-Down Budgeting
A budgeting approach where the budget is created by top-level management and then distributed to lower levels for implementation.
Bottom-Up Budgeting
A budgeting process where the budget is prepared with the input and estimates coming from lower-level staff, before being aggregated and approved at higher levels.
Operating Budgets
A financial plan that estimates the expected income and expenses for a specific period in the future, often used to guide business activities.
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