Student Solution

-->

"Education is the most powerful weapon which you can use to change the world”
– Nelson Mandela

1 University

1 Course

1 Subject

Unit 4 Lessons Learned

Unit 4 Lessons Learned

Q Introduction Students are expected to reflect on what they have learned about public budgeting and finance from their textbook each unit, including “take-aways” that will be useful in their future careers. Directions Students are expected to reflect on at least TWO lessons that they have learned from their readings in the textbook (Lee, Johnson, and Joyce) this unit and write 1-2 short paragraphs for each lesson learned. Comments should focus on the implications for public budgeting and finance based upon topics they have found especially relevant. 1) Add Title page and Reference page 2) Double-spaced, Times New Roman 12 font 3) Make sure to add citations and references formatted according to APA style. 4) DO NOT use direct quotes. Instead paraphrase and properly cite summarized information.

View Related Questions

Solution Preview

Budgeting is a system where forecast proceeds and obligations are decided in addition to tracking the financial system. Budgeting is done to keep account of costs and income. A budget means that all the money is spent in the best direction and that I have financial goals. This unit revolves around the budgeting processes and their benefits. The budgeting process is a way to budget and record everything from expenses to revenue generation stream (Lee et al., 2013). The unit covered various budgeting types and techniques such as performance-based budgeting, strategic planning, and policy/ payment.