Select a company in your pathway and select any two of the reports below:
1. performance reports
2. accounts receivable aging reports
3. accounts payable aging reports
4. capital expenditures budget
5. revenue budget
Write a 3 paragraph discussion post with the following information:
- Describe the use of these budgeting reports and how each would serve as a guide for managers.
- How does budgeting assist managers in making informed decisions related to the business?
- Describe at least two types of budgeting tools that assist managers in adding value to the business?
- Cite at least two sources for your information.