The city in which you live provides its budget information in monthly budgetary
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The city in which you live provides its budget information in monthly budgetary

Assignment Description

Primary Task Response: Within the Discussion Board area, write that respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future discussions by your classmates. Be substantive and clear, and use examples to reinforce your ideas:

The city in which you live provides its budget information in monthly budgetary control reports with each month representing 1/12th of the overall budget. You overhear several managers discussing the budget at a community meeting. You were surprised to hear that half of the managers liked this process and that the other half felt that it did not adequately match their expenses.

Discuss the issues regarding the preparation of the budgets and why half of the departments liked the process and why the other half did not like the process. Complete the following:

Give examples of 1 department on each side of this controversy.

Can the budgeting process be made more reflective of the work actually being completed?

Explain your answer.

Hint
Accounts & FinanceFinancial jargon for managing income and expenses is budgetary control. In actuality, it is routinely comparing actual income or expenses to anticipated ones to determine whether remedial action is necessary....

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