(a)[4]
State two advantages and two disadvantages of running a system of budgetary control.
(b(i))[1]
State the budget, other than the sales budget, in which credit sales value would be entered.
(b(ii))[1]
State the budget, other than the sales budget, in which total sales value would be recorded.
(c)[16]
Prepare the cash budget for each month in March, April and May 2022. Use the space on the next page to show your workings.
(d)[3]
Advise the directors whether the company should pay earlier and receive the discount. Justify your answer.