This unit has focused on manufacturing companies; however, many companies are service operations that do not sell a physical product. For this portfolio assignment, select a for profit service company and describe the process it would use to create a master budget (refer to Figure 9.1 of the text). How would the budget process for the service company differ from a manufacturing company? Be specific.

As portfolio activities are to be self-reflective, please make sure to connect the portfolio assignment to:

• Personal experiences. Reflect on how this assignment topic is applicable to and will benefit you.
• Course readings and any external readings.
• Discussion forum posts or other course objectives.

• Figure 9.1 Master Budget Schedules