Margaret Whiteman

Graded DB Post #$4-$ Budgeting

Chapter $20$ describes the budgeting process and introduces us to many types of budgets. Pick an organization of your choice: an existing

business, government or not$-$for$-$profit entity. If you're feeling entrepreneurial, choose a business or entity that you want to establish. Consider

how that entity might use budgets to plan and control its activities. In your post describe the organization you've selected, what types of

budgets it should use and how it should use those budgets to operate effectively. Also, include a discussion of a potential negative outcome of

budgeting for the organization.