Why is budgeting important to an organization

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Questions: 1. Discuss the similarities and differences between static and flexible Budgeting and Capital budgeting.

2. Why is budgeting important to an organization?

3. Discuss the similarities and differences between annual Budgeting and Capital budgeting. Why is the issue of TVM important, what causes the value of money to "change" over time?

4. What is NPV, IRR, etc.?

5. How do you calculate NPV?

Answer each question in 200 or more words.

Use citations and references.

Use apa guidelines please.

Reference no: EM131906869

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