Question You have recently been introduced to the concept of budgeting. Issues discussed included...

Question You have recently been introduced to the concept of budgeting. Issues discussed included: a. the purpose of budgeting, b. approaches used in budget preparation, c. advantages and limitations of budgeting. Your secondary school old students' association has invited you to make a presentation on the above-mentioned concepts. Due to the threat of contracting the COVID 19 virus, you would not be able to travel to make a physical presentation at the meeting. The executives of the association have however, made a passionate appeal for you to write a memorandum that discusses the concepts in a to c. Required: Using the knowledge acquired in budgeting, write an essay of not more than two (2) A4 pages to the executives on the elements above.