Information system to support current business



In this case, a full set of budgets will be prepared and presented in an appropriate format. Reports will be prepared to state your assumptions and explain how budget numbers were determined. The following are general requirements for this budget case. Specific requirements are listed after the relevant case data.

Read the case, state your assumptions, and analyze the information.
Prepare an operating budget in the standard “income statement” format.
Prepare a narrative report, including your statements of assumptions (or notes to the income statement) addressing why/how quantitative items were selected.The following items must be explained:
Sales Forecast
Purchases budget (raw materials, labor, all resources)
Operating Expenses
Prepare a cash budget using any acceptable format. The following items must be explained or shown on the budget:
The process by which cash inflows were projected.
The process by which cash outflows were projected.
The process by which financing, if applicable, was determined.
How interest and other financing charges were calculated.

The post Information system to support current business first appeared on COMPLIANT PAPERS.


Don`t copy text!
WeCreativez WhatsApp Support
Our customer support team is here to answer your questions. Ask us anything!
👋 Hi, how can I help?