Question: Describe the type of budget or budgeting process used in your place of business. If not working, use a past job or experience with a volunteer organization. Discuss positives and negatives you have experienced with budgeting in this organization. If you do not have first-hand knowledge of the budgeting, then interview someone in the firm who does. Be sure to include a description of the type of business, your role and how the budget or budgeting process affected you.