Posted: April 2nd, 2022

What is the impact of budgeting on overall control?

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Prepare a discussion that provides the following information:
What types of budgets are discussed in this segment? List at least two different types of budgets.
At hotels and restaurants, why do we budget? Why is the budget important to these industries? What benefits are seen from budgeting?
What is control?
What is the impact of budgeting on overall control?
Have you ever used a budget at your workplace? If so, discuss your role.
How do you assess variances within a budget?
What is the role of managers before budgeting, during budgeting, and after budgeting?
Discussion Board Requirements:
The initial post is due Friday. Replies are due Monday.
The initial post must be a minimum of 150 words.
The initial post must include all information from items A through G listed above.

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