Riemers Jewelry operates 45 stores in major shopping malls around the country, and Walter Chan is the
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In the control process, company executives compare actual profit performance to the plan on a store-by-store basis. Managers of stores that beat their budgeted profit levels are rewarded with significant bonuses.
Required
Will Walter Chan be motivated to provide unbiased forecasts of revenue and expense for the Dallas store? If not, what will be the direction of the bias for revenue and for expense?
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