“Government Budgeting and Control” Please respond to the following
- Watch the video below titled â€œNASBO The State Budget Processâ€ (6 min 01 s).
Video Source: National Association of State Budget Officers (NASBO). (2013, May 20). NASBO The State Budget Process [Video file]. Retrieved from https://www.youtube.com/watch?v=dt_yubkp4HI.
- Analyze the steps in the budgeting process summarized in the NASBO presentation and discuss how the actions in the process can improve the value and reliability of budget-to-actual comparisons used in budget estimates. Provide an explanation for the budget-to-actual limitations.