ACCt521 Forum 2 (Module 4) Fall Latest 2015 October

Respond to the following scenario: Sally Supervisor was in a meeting with company executives to discuss the declining profits. She learned that sales were up and costs were being met in terms of the budget. No one could understand why there was a decrease in profits. Without having the actual financial figures, what are the potential reasons for the decline in profit? In general, what would be your recommendation(s) and/or what items would you want to look at in trying to solve this problem? Be specific.