Baleful Company makes Halloween decorations and costumes from hay. The company makes enough money to pay the owner, Brad Brigand, a decent salary and still show a small profit in most years. The company used the prior year's performance as the current year's budget. As long as we are doing better than last year, we shouldn't expect much more. What do you think of Baleful's budgeting? Explain.

Answer rating: 100% (QA)

Solution Mr Balefuls plan to use the same previous years performance as a budget for the current yea... View the full answer