1.
Most every firm has a budget. In many cases, however, firms
use them inappropriately. In extreme cases, the way the budget
is used by the firm might actually encourage incorrect
decisions. In this discussion, you will get a better feel for how
to appropriately use budgets as a guide.
Explain why budgeting is important for a firm. Do you think
that a firm’s budget should ever be violated (exceeded)?
Explain your rationale.
Post your initial response to the discussion question no later
than
Thursday 11:59 PM EST/EDT