Question: explain the difference between a static budget, and a rolling budget. What types of budgets did you create in Ch. 6? Please discuss, do not
- explain the difference between a static budget, and a rolling budget. What types of budgets did you create in Ch. 6?
- Please discuss, do not list, the advantages and disadvantages on a rolling budget.
- In your opinion, should companies switch from static budgets, to a rolling budget? Please explain why.
- The article states, "Most organizations today rely on Microsoft Excel spreadsheets to do their budgeting. They work, but they can be laborious, requiring finance managers to piece together input from all the operationsmanagers throughout the organization." What types of features could Excel offer to make this a more timely process? Be creative here! Also think about what kind of features currently exist, and ways that those features could be improved to help support the future of budgeting.
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