ACC 220 Week 7 Discussion Question 1 and Discussion Question 2

This document AACC 220 Week 7 Discussion Question 1 and Discussion Question 2 comprises solution of this tasks:

1. You know how important it is to create budgets for your household. How does budgeting help management make good business decisions?

2. What are some of the different types of budgets? Describe in detail one type of budget covered in the text. Describe what the budget is used for and what information it provides a business. Then, as you respond to your classmates, discuss how the budget you described relates to the budget they described. Discuss how a business benefits from each of the budgets.