You are the Controller for ABC Company, which makes and sells products. You are working with a trainee on processes within the company. The trainee has excelled at current responsibilities and is ready to take on some new ones. He/she has a desire to know more about the budgeting process and its importance.

Write a few paragraphs explaining the topic to the trainee.

Include the link or APA reference for an article at the bottom of your post. You must research this topic on the internet and not simply use information from the text