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3. Cash<br />
4. Production<br />
Explain how each budget can be used, what decisions may be derived<br />
from it <strong>and</strong> what information does each one include.<br />
You can submit your assignment in the following formats:<br />
• Essay paper<br />
• Table<br />
• Mind map<br />
• Chart<br />
Learning Team Assignment<br />
Team Budget Analysis Simulation Exercise<br />
Please discuss with your teammates the business case below from your<br />
textbook - Exercise BYP20-1, page 1072.<br />
The grade provided for this assignment will be based on your<br />
participation (frequency <strong>and</strong> quality) in the discussions. To obtain full<br />
credit, you should post a minimum of four substantive posts during the<br />
week on a minimum of two separate days. Each post should be<br />
substantive <strong>and</strong> provide insight on one of the three questions posted at<br />
the end of the exercise (a to c). The idea of the assignment is that you<br />
can work on a "team" environment to find solutions to these questions.<br />
At the end of your discussions, the team should select five top ideas to<br />
revise the existing budgeting process <strong>and</strong> write a brief, one page<br />
"memo" to your boss (instructor) outlining these selected ideas.