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4.Imagine that the company is facing a financial challenge that is
causing the actual amounts of money that it spends to become
significantly off target from its budgeted amounts. Prepare an action
plan to resolve the budget misalignment. In your action plan,
recommend at least one (1) budgeting technique to resolve the budget
and actual discrepancies. Provide a rationale for your response.
5.Use at least three (3) quality academic resources in this assignment.
Note: Wikipedia and other Websites do not quality as academic
resources.
Your assignment must follow these formatting requirements:
•Be typed, double spaced, using Times New Roman font (size 12), with
one-inch margins on all sides; references must follow APA or schoolspecific format. Check with your professor for any additional
instructions.
•Include a cover page containing the title of the assignment, the
student‘s name, the professor‘s name, the course title, and the date.
The cover page and the reference page are not included in the
required page length.
The specific course learning outcomes associated with this assignment
are:
•Evaluate management control systems and examine their relationship
with accounting and planning, including feedback and non-financial
performance measurements.
•Evaluate decision making tools for capital investments, budgeting,
and budgeting controls.
•Analyze financial accounting tools and techniques that convert
financial accounting data into information for decision making.