C928 Financial Management for IT Professionals
NWM6 Task 2 passed 2025 -2026 Western
Governors University
NWM6 Task 2 Western Governors University
C928: Financial Management for IT Professionals
Jerry Geiser
, A. Analyze the Capital and Operating Budgets for Sparkit using the attached "Operating Budget"
and "Capital Budget" by doing the following:
1. Discuss the importance of a financial manager understanding capital budgets and how they
meet the organization’s mission and goals.
Financial managers need to understand the capital budget since it impacts the organization's
capability to attain long-term goals. Capital budgeting determines how the company's earnings
are set aside for long-term investments, and this is by examining potential projects on risk,
duration, and profitability. The financial managers should determine if the project is aligned
with the company's objectives and balance any risks along the way with possible financial
returns. A substantial capital budget commands investment decisions and ensures risk
management while supporting stakeholder communication.
2. Discuss the importance of a financial manager understanding operational budgets and how
they meet the organization’s mission and goals (suggested length of 3–5 sentences).
Financial managers must understand operational budgets since they are responsible for
maintaining and managing the company's assets by ensuring they align with the organization's
goals. Operating budgets usually guide how resources are designated for key areas, particularly
for advertising, manufacturing, and sales, with supporting business increases. By frequently
analyzing the budget, the financial managers can establish differences in expenses, make
necessary changes, and enhance profits. Furthermore, evaluating managerial performance
through an operational budget helps identify cost productivity, discover areas of revenue loss,
and support the organization's mission.
NWM6 Task 2 passed 2025 -2026 Western
Governors University
NWM6 Task 2 Western Governors University
C928: Financial Management for IT Professionals
Jerry Geiser
, A. Analyze the Capital and Operating Budgets for Sparkit using the attached "Operating Budget"
and "Capital Budget" by doing the following:
1. Discuss the importance of a financial manager understanding capital budgets and how they
meet the organization’s mission and goals.
Financial managers need to understand the capital budget since it impacts the organization's
capability to attain long-term goals. Capital budgeting determines how the company's earnings
are set aside for long-term investments, and this is by examining potential projects on risk,
duration, and profitability. The financial managers should determine if the project is aligned
with the company's objectives and balance any risks along the way with possible financial
returns. A substantial capital budget commands investment decisions and ensures risk
management while supporting stakeholder communication.
2. Discuss the importance of a financial manager understanding operational budgets and how
they meet the organization’s mission and goals (suggested length of 3–5 sentences).
Financial managers must understand operational budgets since they are responsible for
maintaining and managing the company's assets by ensuring they align with the organization's
goals. Operating budgets usually guide how resources are designated for key areas, particularly
for advertising, manufacturing, and sales, with supporting business increases. By frequently
analyzing the budget, the financial managers can establish differences in expenses, make
necessary changes, and enhance profits. Furthermore, evaluating managerial performance
through an operational budget helps identify cost productivity, discover areas of revenue loss,
and support the organization's mission.
