(a(i))[1]
State one way a budget may motivate staff.
(a(ii))[1]
State one way a budget may demotivate staff.
(b)[1]
Calculate the percentage of credit customers who pay in the month after the sale.
(c)[6]
Prepare an updated trade receivables budget for February and March using the directors’ assumptions about the discount.
(d)[4]
Prepare an updated budgeted statement of financial position at 31 March 2026 using the directors’ assumptions about the discount.
(e)[3]
State three reasons why the company may find it helpful to prepare budgets using spreadsheets instead of doing them manually.
(f)[2]
State two benefits of variance analysis.
(g)[7]
Advise the directors whether one of the supervisors should be made redundant. Justify your answer.