The purpose of the Discussion Board is to allow students to learn through sharing ideas and experiences as they relate to course content and the DB question. Because it is not possible to engage in two-way dialogue after a conversation has ended, no posts to the DB will be accepted after the end of each unit.
For this assignment, you must write 4–5 paragraphs that you will deliver to the ICBI board (discussed in the IP 3 assignment) on the need for a budget contingency plan. Please think of 2 scenarios or events that could happen in which a budget contingency plan is needed. You must answer the following:
- Explain the need for a budget contingency plan
- Identify two (2) events or problems that could occur in which a budget contingency plan is needed.
- Add three (3) budgeting guidelines to prevent the risks or problems you identified in question #2.
ScholarMatic: Explanation & Answer
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