MBA7060: Financial Management and Decision Making Assignment Sample

Introduction

In this report, you have been told about Premroj Limited. Premroh Limited is a UK based retail organization. This report appears to be focused on aspects such as its costs, budget, and regulation, as well as regulatory framework writing. This cost is explained in the form of different expenses incurred by the business which fall under the aspects of running the firm which includes sales and production. Under this, there is a need to classify the costs of Premsroh Limited, in which there is a need to elaborate on the absorptive and fixed costs. We can explain budgeting in the form of this process. This report examines regulatory bodies related to international financial writing and legal standards. After that, it has been prepared.

What We Cover In This Unit

• Introduction 
• Evaluation of the need for the classification of cost in Primrose 
• Profit statements using both the marginal and absorption costing techniques for Primrose
• The main differences between marginal and absorption costing systems and why profit figures are different in absorption and marginal costing techniques 
• Cash Budget 
• The benefits and problems associated with budgeting 
• Suggestion of ways to improve cashflows in budget preparations 
• The relevant international financial accounting regulatory bodies' examination 
• Report’s reflection 
• Conclusion

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