Budgeting U! DB.docx - For your main Discussion Board post please discuss the following Why are budgets so important for organizations Budgeting in any

Budgeting U! DB.docx - For your main Discussion Board post...

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For your main Discussion Board post, please discuss the following: Why are budgets so important for organizations? Budgeting in any organization, whether it is for-profit, nonprofit, or even a governmental agency, is important for the following reasons: Income Planning and Monitoring o An organization needs to be able to plan and monitor its income and expenses over a period of time. Revenue Versus Expenses o The organization must know if its overall expenses are within its revenue or beyond it. That way, plans can be made to adjust one or the other so the entity is not
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