Discussion Post: Accounting
Most every firm has a budget. In many cases, however, firms use them inappropriately. In extreme cases, the way the budget is used by the firm might actually encourage incorrect decisions. In this discussion, you will get a better feel for how to appropriately use budgets as a guide.
Explain why budgeting is important for a firm. Do you think that a firm's budget should ever be violated (exceeded)? Explain your rationale.
The response should include a reference list. Using one-inch margins, Times New Roman 12 pnt font, double-space and APA style of writing and citations.