In some organizations, the approved budget becomes the spending rule. In that case, something that isn't budgeted for can't be purchased. Respond to the following in a minimum of 175 words: Explain if you agree or disagree that budgets should be the final approval for an organization to spend money. Do you feel differently about a personal budget? Explain how budgeting can help individuals and organizations better control their costs and expenditures. Share a personal or professional experience to support your response

Answer rating: 100% (QA)

I believe that while budgets play a crucial role in guiding financial decisions for both individuals ... View the full answer