Belhaven University Unit 3 Traditional Program and Performance Budget HW
**There are 2 Discussion questions. Write a 250 word response for each one and include Bible integration.
Discussion 1) The author of the textbook says, “The narrative comes before the numbers.” (1) Explain what this statement means with respect to budgeting. (2) Explain why it is important that the budget “narrative” be drafted first.
Discussion 2) (1) Explain the similarities and differences between a traditional budget, a program budget, and a performance budget. Be specific. (2) Explain the focus and purpose of each budget.