Details: For this assignment, you must answer the following questions:
• What is the difference between forecasting and budgeting?
• What is the difference between an operating budget and a cash budget?
• Explain what zero-based budgeting is and how it can improve the efficiency of the organization?
Remember to use the library or other credible resources to support your argument. Be sure to cite your sources using the correct standard of APA.
Objective: •critically appraise budgeting operational plans, cost categories and budgeting guidelines.