Wrk 3 | Business & Finance homework help

You were recently hired as management director of the new I Can Business Incorporated (ICBI). You have been asked to establish policies and systems for the business. The first one you choose to work on is a financial reporting system.

 

Don't use plagiarized sources. Get Your Custom Essay on
Wrk 3 | Business & Finance homework help
Just from $13/Page
Order Essay

For this assignment, you must develop a memo that you will deliver to the board of directors of ICBI. You will describe what a financial reporting system is and explain how management of ICBI should use an activity based budget instead of an operating budget. Be sure to explain the similarities and the differences of the two. Finally, give examples of budget guidelines for ICBI. You must answer the following questions:

Describe the meaning and the components of a financial reporting system.

Write a description of how management should use an activity based budget instead of an operating budget Explain the similarities and differences of the two budgets

 

Give an example of budget guidelines that ICBI should follow in order to successfully plan. Identify and describe at least five (5) basic budget guidelines.

 

Remember to use the library or other credible resources to support your argument. Be sure to cite your sources using the correct standard of APA.

Calculator

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