The management of Alpha division hasprepared the strategy shown in Table B as the framework for theachievement of the budget profit requirement for the year to 30 November20X9. RRR has given Alpha division a budgeted profit requirement of $20mfor the year to 30 November 20X9. Table A shows actual results for Alpha division for the yearsending 30 November 20X7 and 30 November 20X8, together with datarepresenting an average of a number of similar competitor companydivisions. This budget is currently used for planning and reporting. RRR expects divisional management to prepare its own annual budgetby focusing on the achievement of a net profit figure set at grouplevel. RRR operates alarge number of regional divisions, each of which offers a similar rangeof services. The RRR Group (RRR) provides roof repair, refurbishment and renewalservices to individual customers on a nationwide basis.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |