Answer to Question #62632 in Accounting for tran
a. Describe who else you will talk to in order to set the sales assumption forecast. How will you document this? How is the sales budget used to build the other budgets?
b. What five steps does shim propose for building the master budget?
c. Who is responsible and what standards for negotiations should be set during budget meetings with the managers and CEO?
d. In what circumstances do NFP’s complete for funding and what can influence the outcome of funding applications?
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