Individual Project

• Describe the meaning and the components of a financial reporting system.
• Explain the budget cycle and process.
• Write a description of how management should use an activity based budget instead of an operating budget
  • Explain the similarities and differences of the two budgets
• Give an example of budget guidelines that ICBI should follow in order to successfully plan.
  • Identify and describe at least 5 basic budget guidelines.

Remember to use the library or other credible resources to support your argument. Be sure to cite your sources using the correct standard of APA.

Please submit your assignment.