Discussion 3

Select a company in your pathway and select any two of the reports below:1. performance reports2. accounts receivable aging reports3. accounts payable aging reports4. capital expenditures budget5. revenue budgetRequirements:Initial post: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.

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