You Have Recently Accepted a Position as a Manager with Athletic

question 62

Short Answer

You have recently accepted a position as a manager with Athletic Academy.At a recent managers meeting,the controller asked for input on how to make the budgeting process more effective.Specifically,the controller indicated that the employees did not seem to be committed to the budget during the previous period.Unfortunately,none of the managers reached their targeted sales projections for the previous period.

Required:

Explain to the other managers what method the company apparently used in the previous period and why the method created the lack of commitment. Also discuss flaws the alternative approach to budgeting.

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Definitions:

Adopted Children

Children who have been legally taken into a family different from their birth family, to be raised as a member of the adoptive family.

Skip Generation Family

A family structure where grandparents are the primary caregivers of grandchildren, with the parents being absent or only minimally involved.

Foster Care

A system in which minors are placed with a state-certified caregiver until they are either adopted, returned to their family, or age out of the system, often due to the original family's inability to care for them safely.

Incarcerated

Detained or confined in a prison or jail.