Corporate and government hates the annual budgeting cycle

Assignment Help Financial Management

Reference no: EM132006187

It seems that everyone in corporate and government hates the annual budgeting cycle. Days are spent in meetings and everyone is requested to supply their revenue and expense plans for the next 12 months and then management proceeds to slash the expense requests. Despite all this seemingly worthless activity, the financial analysts not only live by those budgets but update their cash budget on a monthly basis. Do you agree that their efforts are necessary or are just busy work?

Reference no: EM132006187

Questions Cloud

Do you believe the personal health records enhances : Do you believe the Personal Health Records enhances the patient experience? If so, how is it enhanced? If not, why not?

How you will use each in the assessment process : Then, explain how you will use each in the assessment process with Maria. Justify your selection of each assessment by describing why it is relevant to Maria's.

What are the advantages of the electronic health record : What are the advantages or disadvantages of the electronic health record (EHR) - and what could be done to best take advantage of the new technology?

Describe one culture that would be challenging for you : Describe one culture that would be challenging for you to work with and why i.e. (teenagers, poor person, rich person, different ethnicity, religion, etc).

Corporate and government hates the annual budgeting cycle : It seems that everyone in corporate and government hates the annual budgeting cycle. Do you agree that their efforts are necessary or are just busy work?

Describe the ground transportation security concerns : In a PowerPoint presentation, predict future security requirements and the level of security of the United States transportation network.

Taxable government money market fund and general fund : What is the difference between a taxable government money market fund and a general fund?

Identify the future development and career opportunities : Identify the future development and career opportunities in international hospitality foodservice and hotel management.

Power of eminent domain as long as property : The federal and state governments may delegate the power of eminent domain as long as the property

User Account

All Pages