Within the Discussion Board area, write 400–600 words that respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future discussions by your classmates. Be substantive and clear, and use examples to reinforce your ideas:
- Explain the business transactions that occur in an organization budget.
- Describe the budget cycle, the decision problems, and decision rules that may affect the relationships between the department and total facility.
* Emphasize the role that each department’s input plays into the budget and how it relates to their use of the budget in managing costs.
* Explain what factors you used in making your decisions and the purpose of each selection.