“Budgeting” Please respond to the following Analyze the major pros and cons of preparing company budgets.

“Budgeting”  Please respond to the following

Analyze the major pros and cons of preparing company budgets. Determine at least two (2) critical budget items that you believe are essential in managing a company. Provide a rationale for your response.

Analyze the most common responsibility reporting systems. From your analysis, argue at least one (1) pro and one (1) con of using responsibility reporting systems