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(a) Analyze the advantages and disadvantages of the below FOUR (4) budgeting systems

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(a) Analyze the advantages and disadvantages of the below FOUR (4) budgeting systems.

i) Modified Budgeting System (MBB)

ii) Traditional Budgeting System (TBS)

iii) Outcome Based Budgeting (OBB)

iv) Program and Performance Budgeting System (PPBS)