Discuss the use of the budget
Course:- Accounting Basics
Reference No.:- EM13762046

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Discussion 1

  • Analyze and discuss the use of the budget in developing the business strategy of the company you researched, indicating if the budgeting supports the strategy.
  • Propose an area in the long-term budget that will benefit from kaizen budgeting, and propose change in the long-term budget of the company that will impact product pricing and improve profits. Provide support for your proposal.

Discussion 2

  • Create an argument for or against the use of either the rolling budget or the continuous budget on the planning process and efficacy of the budget itself. Provide support for your rationale.
  • Argue the benefits of relating performance-evaluating measures to the accuracy of forecasts used in the budgeting process.

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