General instructions Coursework must be submitted online through Turnitin before due date. An acknowledgement will be...

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General instructions Coursework must be submitted online through Turnitin before due date. An acknowledgement will be given to you by your teacher upon presentation of the finance clearance. This is your receipt, keep it. The only circumstance in which assignments can be uploaded late via Turnitin is if a Mitigating Circumstances (MC) form is submitted at the same time. In these circumstances work may be submitted within five (5) working days. Make sure to secure MC form and submit the same to the concerned staff. Write the number of words used, excluding references, at the end of your assignment. Provide the list of sources you used at the last page of your assignment with proper label 'References'. You may include diagrams, figures etc. without word penalty. The number of words will be + or - 10% of the total words allowed. A work declaration must be included just after the reference page of your assignment. This ensures that you prepare your work in good faith. Any form of collusion and/or academic unfair practice will be dealt with according to the pertinent rules and regulations of the partner university. Please read carefully the plagiarism guide. Assessment Details This Coursework comprises 50% of the total assessments marks. This will develop the following skills: 1. Evaluative skills: Students are reasoning on various financial matters 2. Research skills: students have to collect information from various source and present the contents 3. Critical and analytical writing skills: Students have to present the answers in critical and analytical style In addition, the assessment will test the following learning outcomes: • Demonstrate an awareness of the financial context in which businesses operate and understand key concepts and models • Apply relevant knowledge and skills in making decisions relating to investment, financing & working capital management Answer all the Tasks Task 1 Budgetary Control is a topic of high importance which businesses have to consider whilst taking business decisions. It helps in planning and coordinating costs of a business. Explain the objectives of budgetary control and critically evaluate how budgetary control leads to better organisational performance (50 Marks) Task 2 Businesses need funds for its operations and growth. The type of business and growth potential, can determine the sources of finance available to a business. Discuss the advantages and disadvantages of long term and short term sources of finance (50 Marks) Guidelines to Students: 1. Type the answers to the tasks in MS. Word 2. The font should be Time New Roman and the font size should be 12 3. The total word count for both the tasks should be 2000 words (Task 1-1000 words and task 2-1000 words) 4. Each task should have introduction, main contents and conclusion 5. Minimum 10 references are required from various sources such as books, journals, websites, e books, e journals and other sources following Harvard referencing style. General instructions Coursework must be submitted online through Turnitin before due date. An acknowledgement will be given to you by your teacher upon presentation of the finance clearance. This is your receipt, keep it. The only circumstance in which assignments can be uploaded late via Turnitin is if a Mitigating Circumstances (MC) form is submitted at the same time. In these circumstances work may be submitted within five (5) working days. Make sure to secure MC form and submit the same to the concerned staff. Write the number of words used, excluding references, at the end of your assignment. Provide the list of sources you used at the last page of your assignment with proper label 'References'. You may include diagrams, figures etc. without word penalty. The number of words will be + or - 10% of the total words allowed. A work declaration must be included just after the reference page of your assignment. This ensures that you prepare your work in good faith. Any form of collusion and/or academic unfair practice will be dealt with according to the pertinent rules and regulations of the partner university. Please read carefully the plagiarism guide. Assessment Details This Coursework comprises 50% of the total assessments marks. This will develop the following skills: 1. Evaluative skills: Students are reasoning on various financial matters 2. Research skills: students have to collect information from various source and present the contents 3. Critical and analytical writing skills: Students have to present the answers in critical and analytical style In addition, the assessment will test the following learning outcomes: • Demonstrate an awareness of the financial context in which businesses operate and understand key concepts and models • Apply relevant knowledge and skills in making decisions relating to investment, financing & working capital management Answer all the Tasks Task 1 Budgetary Control is a topic of high importance which businesses have to consider whilst taking business decisions. It helps in planning and coordinating costs of a business. Explain the objectives of budgetary control and critically evaluate how budgetary control leads to better organisational performance (50 Marks) Task 2 Businesses need funds for its operations and growth. The type of business and growth potential, can determine the sources of finance available to a business. Discuss the advantages and disadvantages of long term and short term sources of finance (50 Marks) Guidelines to Students: 1. Type the answers to the tasks in MS. Word 2. The font should be Time New Roman and the font size should be 12 3. The total word count for both the tasks should be 2000 words (Task 1-1000 words and task 2-1000 words) 4. Each task should have introduction, main contents and conclusion 5. Minimum 10 references are required from various sources such as books, journals, websites, e books, e journals and other sources following Harvard referencing style.

Answer rating: 100% (QA)

Objectives of budgetary control Budgetary control is a system of planning coordinating and controlling financial resources within an organization It involves setting budgets for different departments ... View the full answer