Fin/486 week 2 department budgets

Your Learning Team is the financial management team for Huffman Trucking, responsible for creating the financial portion of a strategic plan. You must obtain information from the marketing, sales, operations, and human resources departments to complete it.

Resource: Virtual Organizations web link

Don't use plagiarized sources. Get Your Custom Essay on
Fin/486 week 2 department budgets
Just from $13/Page
Order Essay

Review Huffman Trucking’s financial information within the Virtual Organizations web link located on the course materials page.

Create a spreadsheet for each department manager to complete his or her budget. Refer to the finance and accounting information for budget examples.

Include an area in each spreadsheet for managers to list major assumptions.

Draft a memo directed to department managers, containing the following information:

  • A summary of team players and their role in creating a strategic plan
  • Instructions explaining how managers should complete their budgets in the spreadsheets, including information needed to prepare a cash flow budget, and to time cash coming in and going out

Create a sales forecast predicting sales over the next 2 years. Use financial information available on the Huffman Trucking Web site to create the forecast.

Format the memo consistent with APA guidelines.
Click the Assignment Files tab to submit your assignment.




Minimum Points


Medium Points


Maximum Points



The writer does not demonstrate cursory understanding of subject matter, and the purpose of the paper is not stated.  The objective, therefore, is not addressed and supporting materials are not correctly referenced.


The writer demonstrates limited understanding of the subject matter in that theories are not well connected to a practical experience or appropriate examples, though the attempt to research the topic is evident, and materials are correctly referenced.

28 to 35.9 POINTS

The writer demonstrates an understanding of the subject matter by clearly stating the objective of the paper and links theories to practical experience.  The paper includes relevant material that is correctly referenced, and this material fulfills the objective of the paper.

36 to 40 POINTS




Paragraphs do not focus around a central point, and concepts are disjointedly introduced or poorly defended (i.e., stream of consciousness).






Topics/content could be organized in a more logical manner.  Transitions from one idea to the next are often disconnected and uneven.




21 to 26.9 POINTS  

The writer focuses on ideas and concepts within paragraphs, and sentences are well-connected and meaningful.  Each topic logically follows the objective.  The introduction clearly states the objective, ideas leading to the purpose of the paper, and a conclusion draws the ideas together.


27 to 30 POINTS



The paper does not conform to APA style.


The paper does not conform completely to APA style (e.g., margins, spacing, pagination, headings, headers, citations, references, according to the APA Manual).

3.5 to 4.4 POINTS

The paper is correctly formatted to APA style (e.g., margins, spacing pagination, headings, headers, citations, references, according to the APA Manual).

4.5 to 5 POINTS 




The writer demonstrates limited understanding of formal written language use; writing is colloquial (i.e., conforms to spoken language).  Grammar and punctuation are consistently incorrect.  Spelling errors are numerous.


The writer occasionally uses awkward sentence construction or overuses and/or uses inappropriate complex sentence structure.  Problems with word usage (e.g., incorrect use of Thesaurus) and punctuation persist, often causing difficulties with grammar.  Grammar, spelling and punctuation are occasionally incorrect.
7 to 8.9 POINTS

The writer demonstrates correct usage of formal English language in sentence construction.  Variation in sentence structure and word usage promotes readability.  There are no spelling, punctuation, or word usage errors.

9 to 10  POINTS


15 %


The writer struggles with limited vocabulary and has difficulty conveying meaning such that only the broadest, most general messages are presented.


Some words, transitional phrases, and conjunctions are overused.  Ideas may be overstated, and sentences with limited contribution to the subject are included.

10.5  to 13.4 POINTS 

The reading audience is correctly identified, demonstrated by appropriate language usage (i.e., avoiding jargon and simplifying complex concepts appropriately).  Writing is concise, in active voice, and avoids awkward transitions and overuse of conjunctions.
13.5 to 15 POINTS


 FIN/486 Week 1 Business Ethics


FIN/486 Week 2 Department Budgets


FIN/486 Week 2 Media Summary – Adjust


FIN/486 Week 3 Long-Term Financial Needs


FIN/486 Week 3 Department Forecasts


FIN/486 Week 4 Capital Budgeting Scenarios


FIN/486 Week 4 Capital Risk Assessment


FIN/486 Week 5 Strategic Financial Plan


FIN/486 Week 5 Media Summary – Adjusted


Calculate the price of your paper

Total price:$26
Our features

We've got everything to become your favourite writing service

Need a better grade?
We've got you covered.

Order your paper