Personal Life

Question 1

Research bond information within the University Library or the Internet.

Write a 300- to 700-word paper in which you answer the following:

1. What type of information about bonds is available on the Internet?
2. How can you use this information within your personal or professional life?
3. Explain what the following bond ratings mean for investors:
   1. AAA
   2. BBB
   3. B
   4. CC

Format your assignment consistent with APA guidelines. Use a separate section header for each of the requirements, and sub-headers for items under each. Points are deducted for not using these headers.

Question 2

Budgeting in any organization, whether it is for-profit, nonprofit, or even a governmental agency, is important for: income planning and monitoring; revenue versus expenses; resource management; and successful financial planning.

1. Provide an example as to why these reasons are so important for organizations to budget.
2. What are the types of budgets organizations can use? How are they different and why would a company choose one type over another?
3. How can you apply what you will learn in this class to your personal and professional life?