Need help, don't understand!!

Is Samsung's selling and administrative expenses budget likely to be an important budget in its master budgeting process? Explain.

Identify three types of expenses that would be reported as selling and administrative expenses on Samsung's income statement.

Who likely has the initial responsibility for Samsung's selling and administrative expense budget? Explain.

Samsung's income statement(1) a Search in Document Home Insert Design Layout References Mailings Review View +Share Heading 1 Haading 2 Subtlo Emp.. Styles In millions of Korean won) For the year ended December 31, 2013 KRW 228,692,667 137.696.309 90,996,358 54,211,345 36,785,01.3 2.429,551 1.6 14,048 2012 KRW 201,103,613 126,651,931 74,451,682 45,402,344 29,049,338 Revenue Cost of sales Gross profit Selling and administrative Operating profit Other non-operating income Other non-operating expense Share of profit of associates and joint ventures Finance income Finance costs Profit before income tax Income tax expense Profit for the year Profit attributable to owners of the parent Profit attributable to non-controlling interests 1,552,989 1576,025 504,063 986,611 8,014.67 7.754.972 38,364,279 7,889,515 30,474,764 29,821,215 7,836,554 7,934.450 29,915,017 6,069,732 23,845,285 23,185,375 653.549 659.910 Earnings per share for profit attributable to owners of the parent (in Korean Won) Basic -Diluted 197,841 197,800 154,020 153,950 Page 1 of 1 0 Words English (US) + 220%