Predict some budgeting issues, including format and budget monitoring.
Calculate the cost of capital, capital budgeting, debt instruments, and markets.
Tabulate the different kinds of budgets and the different budgeting techniques.
Differentiate budgeting operational plans, cost categories, and budgeting guidelines.
Conclude who should be involved in budgeting.
Explain why it is important for an organization, a project, or a department to have a budget.
Reflecting on the focus and content of this course budgeting, what is an important challenge facing the financial management of organizations today, and how would you go about addressing it? Explain.