ACC 556 STR help A Guide to career/uophelp.com ACC 556 STR help A Guide to career/uophelp.com | Page 86

control. Imagine that the company that you currently work for, have
previously worked for, or would like to work for in the future has tasked
you with preparing a budget plan.
Write a three to four (3-4) page paper in which you:
1.Describe the company that you currently work for, have previously
worked for, or would like to work for in the future. Determine at least
two (2) compelling reasons that this company should prepare and
manage a budget. Predict the two (2) most likely positive and negative
financial outcomes for this company if it properly or improperly
performs effective budgeting.
2.Outline a high-level budget plan for the company. In your high-level
budget plan, recommend the most appropriate budgeting phases for the
company.
3.Propose two (2) methods and techniques that the company should use
to manage its budget over time in preparation for the fact that budgets
are ever changing. Justify your response.
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 school-
specific 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