Planning and Budgeting

Question 1

Please answer the following:

1.Why is the budgeting process used? How is the financial plan intermingled with the budget? What is the largest section of a budget and why?

2. Discuss the Planning, Budgeting, and Controlling processes (PBCP), the three (3) major phases of a formal management control system. Describe how this is utilized by health care organizations.

Question 2

Write a 300 words plus on these 3 agencies answering the following question with some references.

Federal Bureau of Investigation, Drug Enforcement Agency, Medicaid.

question- Describe the type of budget process utilized and process put in place by each agency (City counsel presentations, city manger applications, county board of supervisors)

Question 3

select a publicly traded company. It makes no difference if such company is listed with the NYSE, Nasdaq, FTSE (London Stock Exchange), SEHK (Hong Kong Stock Exchange – Hang Sang Index), TSE (Tokyo Stock Exchange – Nikkei Index), or Dax (Deutsche Börse Group Index). Making use of this choice, carefully review the financial stability of the subject company, and decide whether or not you would be willing to invest $10,000.00 in the common stock of the company. Pay careful attention to the financial statements and ratios