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discussion post – ## 535week2discussions.docx **## 535week2discussions.docx** 2 discussions 250 word minimum Discussion 1 Financial statement analysis is an important assessment tool for businesses; however, what value does ratio analysis provide for budgeting in the public sector, and why is it ben…

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discussion post

– ## 535week2discussions.docx

**## 535week2discussions.docx**

2 discussions 250 word minimum

Discussion 1

Financial statement analysis is an important assessment tool for businesses; however, what value does ratio analysis provide for budgeting in the public sector, and why is it beneficial for a criminal justice manager to understand how and why these ratios are applied to government financial operations and budgeting?

Discussion 2

250 word minimum

Explain the difference between fixed and variable costs and how most fixed costs eventually become variable costs.

Chen, G. G., Weikart, L. A., & Williams, D. W. (2014). Budget Tools: Financial Methods in the Public Sector (2nd ed.). SAGE Publications, Inc. (US). https://ccis.vitalsource.com/books/9781483324050

**## 535week2discussions.docx**

2 discussions 250 word minimum

Discussion 1

Financial statement analysis is an important assessment tool for businesses; however, what value does ratio analysis provide for budgeting in the public sector, and why is it beneficial for a criminal justice manager to understand how and why these ratios are applied to government financial operations and budgeting?

Discussion 2

250 word minimum

Explain the difference between fixed and variable costs and how most fixed costs eventually become variable costs.

Chen, G. G., Weikart, L. A., & Williams, D. W. (2014). Budget Tools: Financial Methods in the Public Sector (2nd ed.). SAGE Publications, Inc. (US). https://ccis.vitalsource.com/books/9781483324050

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