Unveiling Motives Behind Manipulating Budgeted Net Income
Review Case 5.42 in your textbook. Using the questions provided as a guide, create a memo to Mayfield from Duvall that addresses the issues [from Duvall's perspective].
Submit your assignment as a Word document (400-750 words).
General Requirements:
Save your assignment (Word) as Lastname_FirstnameACC650_T3.docx.
You are required to utilize a Memo template format.
At least two external sources should be cited on a separate page, not including the textbook.
Prepare this assignment according to the guidelines found in the APA Style Guide, located in the Student Success Center. An abstract is not required.
You are required to submit this assignment to LopesWrite. A link to the LopesWrite technical support articles is located in Class Resources if you need assistance.
Benchmark Information
Benchmark Budgeting and Planning Memo
Student’s Name
College/University
Course
Professor’s Name
Due Date
To: Mayfield
From: Duvall
Date: 13th August, 2023
Subject: Benchmark Budgeting and Planning
Unveiling Motives Behind Manipulating Budgeted Net Income
As the director of the southeast region, Green would care about the level of budgeted net income for several reasons. The provided case scenario indicates, "When Green reviewed the draft, he did not like what he saw. Budgeted net income was too high—so high that his region would never meet the target. He asked Duvall to make some adjustments." He seeks to lower the budgeted net income, creating an easier target for achievement, thereby increasing his chances of earning a higher bonus. If the budgeted net income is set too high and the actual performance falls short, it might reflect poorly on Green's ability to manage his region effectively. Conversely,