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Discuss the different stops used to prepare flexible budget

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Reference no: EM132170678

Assignment coursework Brief

Instructions to students:

Your student identification number must be clearly stated at the top of each page of your work.

- Each page must be numbered.
- Please use a minimum font size of 12.
- All referencing must adhere to Institutional requirements.
- A word count must be stated at the end of your work.
- All tables and figures must be correctly numbered and labelled.

Total word-count should not exceed 2,000 words (excluding references).

This assessment tests the following learning outcomes:

- Prepare & interpret a range of budgets and variances as pan of budgetary control

A flexible budget is a special kind of budget that provides detailed information about budgeted expenses and revenues at various levels of output. within the flexible budget we calculate different expenditure levels for variable costs, depending upon changes in actual revenue.

The result is a budget that varies, depending on the actual activity levels experienced. and then the budget is compared to actual information for control purposes.

In relation to the above discussion, prepare a 2000-word essay on a flexible budget. Conduct a library research to support your points and make sure to use proper citation

Your work should include the following points:

1 - Introduction
Discuss the concept of flexible budget. (10 marks)

2 - Preparation of flexible budget
- Evaluate the different me ds of preparation flexible budget.

- Discuss the different stops used to prepare flexible budget

3- Flexible Budget as a Management Control tool
- Briefly explain thIth-atirirfictianalysis (present and overview the formulas).
- Critically analyse the role of Flexible Budget as a Management Control tool.

4- Conclusion

Provide a summary of the research highlights and own generalisation.

5- References

At least five (5) references in Harvard Referencing style.

Verified Expert

This assignment deals with understanding the fact as to how the analyzing the flexible budgets in terms with theoretical aspect and then elaborating the same with great detail and then summarizing the same with literature preview. The completion depends on the fact that the understanding of costing principles and its various elements in context with the management accounting and its implications.

Reference no: EM132170678

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len2170678

11/19/2018 4:36:45 AM

,,,, sn.n Assignmenticoursework general submission requirements A. Written work ? Student name and identification number must be clearly stated at the top of each page at the work. Where work is to be marked anonymously. only include the student number. A signed declaration that the work is your own (apart from otherwise referenced acknowledgements) must be included after the title page of your assignment Each page must bo numbered. Where appropriate. a contents page. a list of tables/figures and a list of abbreviations should precede your work. ? All referencing must adhere to School/Institutional requirements. A word count must be stared at the end of your work. Your programme. year of study and the relevant module must be included as tooter on each page. Appendices should be kept to the minimum and be of direct relevance to the content of your work. All fables and figures must be correctly numbered and labelled. Your assignmenVcoursework should be submitted in one A4 transparent pocket unless it is riot appropnate to do so (in which case, specific instructions will be provided by your module leader).

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