Prepare a one- to two-page written report by addressing the following tasks:
Discuss if you think ABC Manufacturing is properly using the budget process to plan for next year’s expenses.
Discuss the comment about the president cutting the budget each year in terms of proper leadership and control?
Discuss the ethical issues related to inflating the budget
Apply accounting concepts and standards to the creation of accounting information and reports.
Analyze accounting information used to make strategic business decisions.
Apply ethical behavior to accounting-related situations.4. Make business decisions based on analyzing accounting data