Instructions:
Answer each questions with at leas 150 APA words each. Sources must be cited and referenced in APA format.
Q1- Describe the role of budgeting in business.
Q2- Describe the following budget potential roles:
-Meeting an organization’s objectives
-Planning
-Monitoring and controlling.
Q3- Describe the following budget potential roles:
-Coordinating
-Evaluating performance
-Improving performance.
Q4- How do forecasts differ from budgets?
Q5- Explain the difference between a naïve forecast, a moving average forecast, and a weighted moving average forecast.
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