What is budgeting- Discuss the role of budgeting in a governmental setting and specify what budgeting involves.

Responses to the questions should be in essay format. Your answers must show originality, be straight to the point and not be more than 3 double-spaced pages to a question.

What is budgeting? Discuss the role of budgeting in a governmental setting and specify what budgeting involves.

What types of information are important to budgeting? Distinguish between the classic model of rational decision-making and incrementalism budgeting.