You are required to: (i) discuss the factors that are likely to cause managers to submit budget

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You are required to:

(i) discuss the factors that are likely to cause managers to submit budget estimates of sales and costs that do not represent their best estimates or expectations of what will actually occur.

(ii) suggest, as a budget accountant, what procedures you would advise in order to minimize the likelihood of such biased estimates arising.

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Management Accounting For Business

ISBN: 9781138550650

8th Edition

Authors: Colin Drury, Mike Tayles

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