ACC 543 Week 4 Discussion | University of Phoenix
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- 16 Aug 2022
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ACC 543 Week 4 Discussion | University of Phoenix
Discussion Topic
Post a total of 3
substantive responses over 2 separate days for full participation. This
includes your initial post and 2 replies to other students or your faculty
member.
Due Thursday
Budgeting is a tool used
by management for performing the functions of planning, coordinating, and
controlling operations of a business. Our textbook, Managing
Accounting Concepts, describes 2 main types of budgeting: static budgets
and flexible budgets.
Respond to the following
in a minimum of 175 words:
·
Differentiate between the 2 types of budgets.
·
Provide an example of the type of business or company that would
benefit from using a flexible budget.
·
Provide support for your business selection and include the
advantage for using a flexible budget over a static budget.sssss