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BAFMP 1- Financial Management second semester assignment for first year students $2.82
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BAFMP 1- Financial Management second semester assignment for first year students
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  • Course
  • Business administration in hospitality management (BBAFMP)
  • Institution
  • The International Hotel School (IHS)

This assignment will discuss the disadvantages of zero-based budgeting, the stages in implementing zero-based budgets, cash budgeting, and the purposes of using a cash budget. As well as the various transactions that affect the cash budget.

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Document information

  • August 3, 2023
  • 10
  • 2023/2024
  • Other
  • Unknown

Subjects

  • budgeting

Written for

  • The International Hotel School (IHS)
  • Business administration in hospitality management (BBAFMP)
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Financial Management
Principles 1 Assignment
(Second Semester)




2

, Table of Contents
Introduction ..................................................................................................................... 3

Section 1...................................................................................................................... 3

Cash flow forecast.................................................................................................... 3

Section 2...................................................................................................................... 4

Flexible three-level budget ....................................................................................... 4

Section 3...................................................................................................................... 5

1. Disadvantages of implementing zero-based budgeting...................................... 5

Stages in the implementation of zero-based budgeting ............................................... 6

2. Cash budgeting .................................................................................................. 7

Purposes of a cash budget ...................................................................................... 8

Conclusion ...................................................................................................................... 8

References ...................................................................................................................... 9




3

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