Question: This week we are learning about budgets. For a company, there can be many different kinds of budgets that all roll up into the Master
This week we are learning about budgets. For a company, there can be many different kinds of budgets that all roll up into the Master Budget. For this week's discussion, tell me if you've ever made a budget for yourself. If you have made a budget, what was it for? Was it weekly, monthly or for a longer period of time? Was the budget for normal cash inflow and outflow or was it a budget for a specific event or goal you had? For example, every year I plan out my Christmas budget. I do an Excel spreadsheet for all my friends and family I would like to buy things for. This budget has a set dollar limit that I want to spend on each person and then formulas to add up everything and see what I am actually spending verses what I wanted to spend.If you've never made a budget for yourself, maybe you were involved in preparing one for work? Or tell me about a budget you might find helpful for yourself in the future. Please remember to post your response to this discussion, as well as replies to your clasmateS.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
