Unit 9 Management Accounting - Level 4

Unit 9 Management Accounting - Level 4 (Diploma in Business)

Unit Code: H/508/0489

Task 3

AC 3.1 Explain the purpose and nature of the budgeting process

AC3.2 Budgets can be produced for different purpose and needs. You are required to select appropriate budgeting methods for the organization and its needs.

AC 3.3 various kinds of Budgets

AC 3.4 Cash Budget

AC 4.1 Variance statements

AC 4.2 Reconciliation statement

AC 4.3 Report findings to management in accordance with identified responsibility centres

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