A sound master budget

 

While it certainly requires a degree of technical expertise to put together a sound master budget, the practice of budgeting itself is more of an art than a
science. There are many factors that can impact the quality of a budget that tend to be outside of the business professional’s immediate control. These
include issues related to stakeholder expectations, preferences, prep time, legal or policy changes, and so on.
Drawing on what you have learned about budgeting in this module, and your own professional experience, write a post that both identifies some of these
potential non-technical barriers to a successful budgeting strategy and offers some insights into how one can manage them and/or minimize their potential
impact. If you do not have any prior experience in this area, do some research on a relevant example and use that as the basis for your response.
Please be concise and limit your post to 200-250 words.

 

 

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