Budgeting and Capital Budgeting
Most topics were compelling during the course. However, I found budgeting and capital budgeting decisions to be persuasive topics that greatly influenced my reasoning and perception. Notably, the budgeting topic enlightened me on planning for the future, anticipating expenditures and revenues, and managing a business effectively. On the other hand, capital budgeting decisions offered me great insight into differentiating between various projects regarding their riskiness and income potential (Franklin et al., 2019). The two topics are crucial for classroom studies and have a real-life situation significance. Besides, anyone involved in the business often faces budgeting needs and decision-making between investment opportunities.
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In undertaking the course, various approaches were utilized to study. Participating in discussions was one approach used to understand the subject matter. The approach offers a platform to clarify issues that are challenging to understand and to acquire new information about the subject matter. Discussions also assisted in understanding the perspective of other learners on various subject topics, thus enabling them to obtain the most straightforward approach to tackling multiple-topic problems. However, despite the discussion, there is one thing that is still not clear. Essentially, it entails the prediction of the future with certainty. Notably, this is so because budgeting and capital budgeting make predictions based on various assumptions. As a result, it is unclear how the assumptions can be made as realistically as possible. In conclusion, I think one approach could have yielded additional valuable information. The approach entails incorporating more examples into the study for various topics because I realized the more I undertake to resolve problems, the easier it is to comprehend the concepts.
References
Franklin, M., Graybeal, P., & Cooper, D. (2019). Principles of Accounting Volume 2 Managerial Accounting. OpenStax, Rice University.
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Question 
Review and reflect on the knowledge you have gained from this course. Based on your review and reflection, write at least 2-3 paragraphs on the following:
Budgeting and Capital Budgeting
What were the most compelling topics learned in this course?
How did participating in discussions help your understanding of the subject matter? Is anything still unclear that could be clarified?
What approaches could have yielded additional valuable information?
Responses to Other Students: Respond to at least 2 of your classmates with at least a 100-word reply about their Primary Task Response regarding items you found compelling and enlightening. To help you with your discussion, please consider the following questions:
What did you learn from your classmate’s posting?
What additional questions do you have after reading the posting?
What clarification do you need regarding the posting?
What differences or similarities do you see between your posting and classmates?
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