Question

Withers Breaux Corp. is a manufacturing company that produces grooming appliances such as hair dryers and curling irons. The managers of each division prepare a master budget, but Withers Breaux does not require budgeted financial statements.
Required:
Write a memo to Withers Breaux’s upper management explaining why budgeted financial statements are important. Include in your memo a discussion of the potential for misleading budgets that do not contain pro forma financial statements.


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  • CreatedMarch 27, 2015
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