The budgeting process, accounting homework help

Get perfect grades by consistently using Place your order and get a quality paper today. Take advantage of our current 20% discount by using the coupon code GET20

Order a Similar Paper Order a Different Paper

Save your time - order a paper!

Get your paper written from scratch within the tight deadline. Our service is a reliable solution to all your troubles. Place an order on any task and we will take care of it. You won’t have to worry about the quality and deadlines

Order Paper Now

Module 8 Case

The budgeting process and budgets themselves have
significant impacts on management actions and performance, in both positive and
negative ways. It is common at many local, state, or national governmental
agencies, and nonprofit organizations, and even in some for-profit enterprises
for managers to increase spending at the end of the budget cycle. This process,
usually referred to as “use it or lose it” can be harmful to objectives of
any organization. Managers do this, as they often feel that if they don’t spend
the amount that was budgeted this year, next year their supervisors will reduce
their budget by the amount not spent in the current year. So, to avoid having
their budget dollars reduced, managers often increase spending at the end of
the year to ensure all budgeted amounts are spent even if items are not necessarily
needed. This is more common in government and nonprofit organizations, but can
be found in for-profit enterprises as well.

Requirement: Write a memo to the budget managers in an
organization, assuming you are the CEO. Your memo should direct budget managers
not to utilize this approach, but also offer a logical rationale, and perhaps
an alternative solution.

We offer the best essay writing services to students who value great quality at a fair price. Let us exceed your expectations if you need help with this or a different assignment. Get your paper completed by a writing expert today. Nice to meet you! Want 15% OFF your first order? Use Promo Code: FIRST15. Place your order in a few easy steps. It will take you less than 5 minutes. Click one of the buttons below.

Order a Similar Paper Order a Different Paper