1.
Way budgeting process help to contribute the failure to achieve the president’s sales and profit targets.
Introduction: Budget means the estimation made for the usage of money to decide the amount that executor will need to execute the plan. The budgeting process refers to the process in which future business activity is planned for preparing the way of performing goals by mapping the formal plan.
2.
Revision of budgeting process to correct the problem.
Introduction: Budget means the estimation made for the usage of money to decide the amount that executor will need to execute the plan. The budgeting process refers to the process in which future business activity is planned for preparing the way of performing goals by mapping the formal plan.
3.
If sales volume falls below the budget then, will functional area cut their cost.
Introduction: Budget means the estimation made for the usage of money to decide the amount that executor will need to execute the plan. The budgeting process refers to the process in which future business activity is planned for preparing the way of performing goals by mapping the formal plan.

Want to see the full answer?
Check out a sample textbook solution
Chapter 8 Solutions
MANAGERIAL ACCOUNTING FOR MANAGERS
- Accounting solutionarrow_forwardI need help with accountingarrow_forwardWhat are two double entries the following transaction? Account Receivable. Account payable. Rent Expenses. Cell phone bill, cable, light bill, gas, and monthly income of $4,000.00 what will be your net income after all expenses are paid. Please figure out your own price for each expense.arrow_forward
- Can you solve this general accounting problem using appropriate accounting principles?arrow_forwardCan you help me solve this general accounting question using the correct accounting procedures?arrow_forwardI need the correct answer to this general accounting problem using the standard accounting approach.arrow_forward
- I need help solving this general accounting question with the proper methodology.arrow_forwardI need the correct answer to this general accounting problem using the standard accounting approach.arrow_forwardI am trying to find the accurate solution to this general accounting problem with the correct explanation.arrow_forward
- AccountingAccountingISBN:9781337272094Author:WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.Publisher:Cengage Learning,Accounting Information SystemsAccountingISBN:9781337619202Author:Hall, James A.Publisher:Cengage Learning,
- Horngren's Cost Accounting: A Managerial Emphasis...AccountingISBN:9780134475585Author:Srikant M. Datar, Madhav V. RajanPublisher:PEARSONIntermediate AccountingAccountingISBN:9781259722660Author:J. David Spiceland, Mark W. Nelson, Wayne M ThomasPublisher:McGraw-Hill EducationFinancial and Managerial AccountingAccountingISBN:9781259726705Author:John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting PrinciplesPublisher:McGraw-Hill Education





