Flexible Budgets" Please respond to the following:
• Use the Internet and/or Strayer Learning Resource Center to research folling forecasts as an alternative to budgets. Next, take a position at to whether or not a flexible budget approach dilutes the value of a budget process in the organization. Provide a rationale for your position.
• Evaluate the impact to a business when compensation, such as sales commissions and bonuses, are tied to achieving budgeted expectations. Suggest two actions that management can take in order to prevent employees from manipulating results.