There are some people that say budgets are not good for control but are great for planning.

What do you think is meant by this?

Discuss how budgets can be used to evaluate investment proposals. Do you agree with this?

This needs to 750 words and at lease 3 reference to support your work There are two questions to answer in this assignment.

The first question is an opinion-based question. The opinion statement is that budgets are great for planning but are poor control tools.

Explain your position on this statement and provide research-based sources to support your answer.

The second question asks you to evaluate the use of budgets to evaluate investment proposals. Take a close look at capital budgeting techniques when answering this question.

Do a search on capital budgeting techniques and identify some of the most commonly used ones to evaluate investment proposals