Discussion Question Initial Response
- Approx. 500 words
- At least three citations/reference sources
- Course textbook: Atrill, P. &McLaney, E. (2012) Management accounting for decision makers. 7th ed. Harlow, England : Pearson Education Ltd.
Question:
Consider the following statement: It is most sensible to start with the sales budget and develop the other budget from there. After what you have learned this week with regards to budget processes and procedures, analyse the validity of this statement. Do you agree with the statement? Justify your answer based on the week's readings. How should sales revenues be considered when determining other costs?