Review the Terminal Course Objectives, accessed by clicking on the “Course Information” tab at the top of your screen, scrolling down to the “Course Objectives” and then selecting View class objectives. How will accomplishing these objectives support your success in financial management? What risks or challenges might a financial manager encounter if they have not mastered these objectives? Explain.
Explain why it is important for an organization, a project, or a department to have a budget.
Conclude who should be involved in budgeting.
If you use references please cite them.
Discussion Board 2
Review the Assignments for this course, accessed by clicking on the “Assignment” tab at the top of your screen, and then selecting each Unit# - Assignment, reviewing the description, type, and deliverables. Explain your proposed approach for conducting research necessary to develop quality deliverables and explain how the information gleaned will support your career development in financial management. Please review the approach proposed by other students, providing objective feedback on opportunities for improvement.
Differentiate budgeting operational plans, cost categories, and budgeting guidelines.