(a)[3]
State three benefits of budgeting.
(b(i))[7]
Prepare budgets for May and June showing trade receivables, with the opening and closing balances shown for both months.
(b(ii))[4]
Prepare the budgets for May and June: production, measured in units.
(b(iii))[4]
Prepare the budgets for May and June: purchases, measured in dollars.
(c)[7]
Advise the budget committee on which request ought to be allowed. Justify your answer.