Category | Assignment | Subject | Management |
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University | University Of Bolton | Module Title | MBA7060 Financial Management and Decision Making |
Word Count | 3000 words |
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Assessment Type | Coursework |
Primrose Limited is a UK-based retail organisation. This report looks to discuss aspects related to Primrose Limited like its costs, budgeting and regulatory and legal framework in accounting. Cost can be defined as different expenses which are incurred by the business under different aspects of the firm’s operation, including its sales and production of the business (Duçi, 2021). Here, the need for the classification of costs of Primrose Limited will be discussed. Also, the profit statement will be prepared for Primrose Limited under absorption and marginal costing techniques...........View More
1. Introduction........................................................................................................................2
2. Evaluation of the need for the classification of cost in Primrose.......................................3
3. Profit statements using both the marginal and absorption costing techniques for Primrose 4
4. Cash budget........................................................................................................................8
6. The benefits and problems associated with budgeting.....................................................10
7. Suggestion of ways to improve cashflows in budget preparations..................................12
8. The relevant international financial accounting regulatory bodies' examination.............13
9. Report’s reflection............................................................................................................15 Conclusion................................................................................................................................16 References................................................................................................................................17 Appendix..................................................................................................................................19
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