Create an operating budget and a capital budget for your area of responsibility. Prepare both budgets and provide an explanation and summary of the various elements of the budgets.

Operating/Capital Budget Project

Create an operating budget and a capital budget for your area of responsibility.

Prepare both budgets and provide an explanation and summary of the various elements of the budgets.

Assume a reduction will be required after you submit your hypothetical budgets to your supervisor(s). Which lines of your budget would you reduce to meet the requirement or how would you defend their necessity?

Complete both budgets and provide an explanation and summary as to how you arrived at your figures as well as how you would present this information to your supervisor or CFO.

Format this assignment in MS Word for the narrative and include appropriate tables for numerical data.
APA format is required. Minimum of 2 academic and/or professional reference

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