Management Fundamentals 7th Edition by Robert N. Lussier

Exercise 12

The following critical-thinking questions can be used for class discussion and/or as written assignments to develop communication skills. Be sure to give complete explanations for all questions.

How confident are you in your ability to develop budgets and read financial statements? What experience have you had in developing budgets and reading financial statements?

Step 1 of 2

One should be confident enough to develop a budget and read the financial statements. However, after reading the text one can become more able and can now more accurately prepare the financial statements.