Discuss the most important steps in the capital budget process. Why are these more important than other steps? What impacts do they have on the timeliness, effectiveness, and quality of the budget?...

Discuss the most important steps in the capital budget process. Why are these more important than other steps? What impacts do they have on the timeliness, effectiveness, and quality of the budget?

Compare the different responsibilities of the accounting and finance departments, and determine if there are any responsibilities that can be eliminated or any that may need to be added.