Question number 1: Write a business report describing budgeting as a non technical process. Refer to satisficing, budgeting as a political process and budget ploys. Give examples. About 500 words excluding references. Use the Internet as a reference AND refer to one or more relevant academic research paper. See the text page 249.
Question number 2: Find a humorous cartoon image relevant to budgeting on the web. Paste the image in your assignment and provide a brief explanation of the image. The presentation for this assignment is weighted at 10 marks.
Question number 3: Prepare a Business Report as if for senior management why the materials price variance should be calculated on purchase, other areas in an organisation where variance analysis would be useful and the practical relevance of detailed overhead variance analysis. See the reading by Murray Wells. Ensure that your answer is in business report format. Read the following online references regarding business report writing.
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