ACCT 461 Case 24-1 Body Glove
1.For what purposes does Body Glove use its budgeting system? Which purposes are emphasized? 2.Trace the steps in the development of the budget at Body Glove. What are the key events that relate to the timing of the steps in the budgeting process? 3.The case says that Body Glove never prepared a budget prior to fiscal year 1991. How can a company like Body Glove function effectively without a budget, or can it? 4. What changes to Body Glove’s budgeting and review processes would you recommend, if any?
Content
1.For what purposes does Body Glove use its budgeting system? Which purposes are emphasized?
2.Trace the steps in the development of the budget at Body Glove. What are the key events that relate to the timing of the steps in the budgeting process?
3.The case says that Body Glove never prepared a budget prior to fiscal year 1991. How can a company like Body Glove function effectively without a budget, or can it?
4. What changes to Body Glove’s budgeting and review processes would you recommend, if any?
