CAPE Accounting Unit 2 · 2014 · Paper 2 · Question 3(c)(i)
State THREE objectives of budgeting.
The mark scheme is shown once you've answered.
Practise this questionOther parts of this question
- 3(a)(i)List FIVE assumptions of breakeven analysis.[5 marks]
- 3(a)(ii)State why EACH of the five assumptions stated in (a)(i) may NOT always be true.[5 marks]
- 3(b)(i)Calculate the breakeven point in units.[3 marks]
- 3(b)(ii)Calculate the breakeven point in dollars.[3 marks]
- 3(b)(iii)Calculate the margin of safety in units.[3 marks]
- 3(b)(iv)Calculate the margin of safety in dollars.[3 marks]
- 3(c)(ii)Outline TWO features EACH of the imposed, participative, and negotiated budget styles.[6 marks]
- 3(c)(iii)State the role of a budget committee.[2 marks]
- 3(c)(iv)Name TWO sections of a cash budget.[2 marks]
More practice: the rest of this paper · more Budgeting and the Master Budget questions · all CAPE Accounting Unit 2 past papers