Discussion Forum 3: Planning and Budgeting

Based on your readings this week, discuss the differences between a simple budget and a flexible budget. Be sure to include specifics related to the impact on variance analysis.

• Write a minimum of 250 and a maximum of 300 words.
• Support your post by citing one reference (other than the text) in the discussion.
• Submit your original post by Thursday before midnight EST.
• Respond to at least 1 other post by Sunday before midnight EST.
• Failure to submit posts in a timely manner, meet the assigned minimum word count, include citations and references for external sources, or respond to an instructor or peer comment will result in a loss of points.
• Note: Cite paraphrased information that was obtained from another source but do not use quotes.