Question
In Book, Introduction to Managerial Accounting (8th Edition), Q: Exercise P-1 Planning and Control Many firms use budgets for 3 purposes. 1st, to plan how
In Book, Introduction to Managerial Accounting (8th Edition), Q: Exercise P-1 Planning and Control
Many firms use budgets for 3 purposes. 1st, to plan how to deploy their resources best to serve their customers. 2nd, to establish difficult goals or encourage their employees to gain better results, 3rd, use to rate or give recognition to their workers. If you are the sales manager working with your department head: 1. Would you think it would be appropriate for your department head to establish the sales budget without your input? Why? 2. Would you think that your company would feel comfortable letting you establish the sales budget without any input from your department head? Why?
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