How are budgets useful in the planning of a business?

Explain which is more risky: bonds or common stocks.
February 13, 2021
Describe two products or services that you have purchased recently, one product or service that you feel represented good value for money, and one that did not.
February 13, 2021

Two different questions: 1 paragraph for each

1. How are budgets useful in the planning of a business? Discuss one type of budget presented in the lecture and explain how that budget contributes to the planning process.

Book information:  Managerial Accounting- Jiambalvo, James (2013, 5th Edition) John Wiley & Sons, Inc. ISBN 978-1-118-07876-1. Chapters 9 and 10 (Please make sure you can access the book before biding)

2. What is zero-based budgeting? How can this type of budgeting assist in the planning process? What are some disadvantages of zero-based budgeting?https://books.google.co.ke/books?id=8i0GdO5yGskC&printsec=frontcover&dq=Book+information:++Managerial+Accounting-+Jiambalvo,+James+%282013,+5th+Edition%29+John+Wiley+%26+Sons,+Inc.+ISBN+978-1-118-07876-1.+Chapters+9+and+10&hl=en&sa=X&redir_esc=y#v=onepage&q&f=false

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