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How does the budgeting process relate to the company's business planning process? What sort of review or after-the-fact analysis is conducted? In considering financial forecasts,

  • How does the budgeting process relate to the company's business planning process?
  • What sort of review or after-the-fact analysis is conducted?
  • In considering financial forecasts, budgets, and projections, how would the perspectives of management, investors, and creditors be similar? How would it differ?
  • What is the goal of each (financial forecasts, budgets, and projections) when considering the plans of the company?

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