ACC 220 Week 7 Survey of Accounting The Maze of Numbers

ACC 220 (Survey of Accounting the Maze of Numbers)Week 7ACC 220 Week 7 DQ 1Discussion Question 1: Postyour response to the following:· You know how important it is to create budgets for your household. How does budgeting help management make good business decisions?ACC 220 Week 7 DQ2Discussion Question 2: Postyour response to the following:· What are some of the different types of budgets?· Describe in detail one type of budget covered in the text.· Describe what the budget is used for and what information it provides a business.· Then, as you respond to your classmates, discuss how the budget you described relates to the budgets they described.· Discuss how a business benefits from each of the budgets.Week 7 Assignment:ACC 220 Week 7 (Checkpoint Budget Matrix)