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All spiral galaxies apparently
Participative Budgeting
A budgeting process where employees at various levels of an organization are involved in the budgeting decision-making process.
Bottom-Up Budgeting
A budgeting approach that starts at the departmental or project level, with expenses and needs being identified from the bottom up, and then consolidated and reviewed at higher levels of management.
Top-Down Budgeting
A budgeting approach where the budget is created at the organization's highest level and then distributed down to departments or units.
Direct Material
Raw materials that are directly used in the manufacturing of a product and can be directly attributed to that product.
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