Using concepts like flexible budgeting and participative budgeting, discuss why it is important for a company to use budgeting techniques. What type of managerial problems can be caused by the use of budgets?

Submission Instructions:

• Any written explanations should use complete sentences, and appropriate grammar, punctuation, spelling and word usage.
• Your initial post should be at 200-300 words, formatted and cited in current APA style with support from at least 2 academic sources