Managerial Accounting: What do you see as the pros and cons for changing the budgeting process as described in the article above?

Read the following article (Links to an external site.)Links to an external site. from CFO magazine

Answer two of the questions below by Wednesday. Respond to two additional posts by your classmates or instructors.

  1. Have you experienced (or are familiar with) a budget process? How has it compared to this week’s reading assignment, lecture, or article above?
  2. The lecture describes problems people experience with the budget process and a few recommendations. How would the recommendations correct two of the problems?
  3. What do you see as the pros and cons for changing the budgeting process as described in the article above?
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