Although budgeting may appear to be a straightforward set of calculations
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Although budgeting may appear to be a straightforward set of calculations

Although budgeting may appear to be a straightforward set of calculations, there are still many areas in the budgetary process where unethical practices may occur. By misusing tools or calculations, a deceitful picture of an organization’s financial reality can be painted, misleading investors, employees, or stockholders.

For this Application, you will first need to review the case study, “Conflict Between Doing Well and Doing Good?” found in this week’s Resources.

Formulate a brief response for each of the seven questions listed at the end of the case study.

In addition, comment on some potential consequences of unethical behavior in budgeting. Find examples in the news to demonstrate the consequences.

CASE STUDY

Hint
Accounts & FinanceBudgeting: It is the process of creating a plan to spend one's money, and that spending plan is known as the budget. Also,  creation of this spending plan, allows in the determination in advance whether one will have enough money to do the things  they need to do or would like to do. Budgeting, therefore, is simply balancing the expenses with the income....

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