Read the two chapters assigned and add comments on the discussion board relative to the...
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Accounting
Read the two chapters assigned and add comments on the discussion board relative to the break even and contribution aspects of the budget. More specifically, think of yourself as the Manager of a corporation, and how you would go about defending and justifying your budget during a fiscal year when resources and profits have been hit hard by the economy. Describe the course of action that you would take? What type of budget would you use in making your argument? With the fluctuations of the economy, how do you propose to achieve at least a break even scenario in your company? With these scenarios in mind, how would you communicate your concerns and corrective actions with your budget analysis to your constituents?
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