Week 1 Discussion Post

Using the information from this week’s Learning Activities, respond to the following in a minimum of 175 words:

• What are the differences in the budget cycle in good economic times versus bad economic times?
• What economic changes do you think influence the transition? How do these differences in the cycle affect the preparation, execution, and evaluation of the budget?
• What are some of the limitations of certain revenue sources and what are the reasons for limitations?

Need at least one reference and in APA format.