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.  What would the memorandum be 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.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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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.  What would the memorandum be 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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