Question

Assume that Samsung's consumer electronics division is charged with preparing a master budget. Identify the participants—for example, the sales manager for the sales budget—and describe the information each person provides in preparing the master budget.

Answer 1

During preparing of master budget for Samsung's consumer electronics division, each participants will be proving with these information.

1. Deals chief : Data on assessed deals (unis and dollars).

2. Creation chief : Number of units to deliver taking into account evaluated deals.

3. Producing chief : Measure of direct materials, direct work and fabricating overhead to deliver the evaluated level of creation.

4. Sales manager : expense of offering the assessed deals level. Expense to bolster operations ; regularly are altered expenses general and administrative.

5. Directors : Get ready arrangements to have accessible plant resources important capital consumptions.

6. Board of Trustees : To bear on business exercises working on spending plans.