ACC 561 Week 4

Learning Team Assignment: Guillermo Furniture Store Analysis

You are the analyst for Guillermo Furniture Store. You are asked to revise the stores flex budget by using Excel. Assume Guillermo continues doing business with his current budget.

Write a budget in no more than 700 words that includes risks associated with sales forecasts and an analysis of ethical considerations in the preparation and subsequent use of the budget. Consider how the organizations code of ethics requires an ethics analysis for any performance tool.

Format your paper consistent with APA standards.

Assessed Discussion Question: Master Budget

The master budget is a detailed and comprehensive analysis of an organizations long- and short-term goals. Identify the major inputs to the master budget and the usefulness of each. Additionally, why would a company need to create a master budget? What are the advantages and disadvantages?