Create a control strategy to reduce spending

Assignment Help Financial Management

Reference no: EM133232958

Assignment:

Practical question: You must create typical training budget for the company's Training Department as the HRD manager at company XYZ.

What's required:

-Create budget: A typical departmental budget was created for the upcoming fiscal year with a cap of R 650 000 (South African Rand), which was distributed to the department based on expected revenue.

-Make sure the budget includes funding for both the HR department's training needs as well as the needs of running the department (office budget for a variety of office supply requirements).

-Create a control strategy to reduce spending while staying within the allotted budget. This strategy should be carried out in accordance with the organization's financial management policy.

Reference no: EM133232958

Questions Cloud

Identify the web site where the code of ethics : BUSI 2301 Houston Community College, Identify the web site where the code of ethics is posted - Analyze why this business or association may have adopted

Identify three non-value adding activities : Identify three Non-Value Adding activities or product components that you encounter in your daily life. Describe each service activity or product component.

Should ice be able to repossess the truck from the aldersons : BLAW 3250 University of North Carolina, What difference does it make whether the court rules that Chrisman and/or the Aldersons are buyers in the ordinary

How would you classify the severity of D R asthma attack : Pulmonary Function Discussion - According to the case study information, how would you classify the severity of D.R. asthma attack

Create a control strategy to reduce spending : Create a control strategy to reduce spending while staying within the allotted budget. This strategy should be carried out in accordance with the organizations.

Peer-to-peer file-sharing system : What are the ethical factors you should consider before downloading free copies of your favorite songs from a peer-to-peer file-sharing system

Overlooking the glorious indian ocean : One is an agent for XYZ, Dan Andrews, and there is a phone bidder - Clinton's "niece" Mary Bent, a close business confidante. The property is sold to Bent

Discuss the implications of a vaccination policy : The above scenario discusses the implications of a vaccination policy instituted by an employer.

How do crime myths shape the way we perceive crime : CRMJ 3500 The University of Tennessee, How do crime myths shape the way we perceive crime? What are the problems inherent with crime myths? How is good research

User Account

All Pages