Question
For this assignment you are to assume that you are involved in the preparation of your company's master budget.The company's sales team provides information concerning
For this assignment you are to assume that you are involved in the preparation of your company's master budget.The company's sales team provides information concerning expected unit sales and pricing for use in preparation of the sales budget.Further, you are aware that a portion of the sale team's compensation is based on their ability to meet the sales budget.Put in writing a memorandum to the vice president of finance outlining your concerns about this practice.Include any concerns that you have about potential bias in the information provided by the sales team.
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