Two videos have been chosen for your enjoyment this week to cover the topic of budgeting. Profit planning is an important process for any company. Discuss why a firm prepares a budget and how they analyze the ongoing performance. What advantages does a business have by going through the budget process? Be sure your response is between 150 and 250 words. Watch Video Forecast Accuracy: Is Forecast Variability To Blame Or To Be Exploited? Duration: (4:37) User: costmatters - Added: 12/17/11