Question: Identify the problems that appear to exist in Burbages budgetary control system and explain how these problems are contributing to the companys poor cash position.
- Identify the problems that appear to exist in Burbages budgetary control system and explain how these problems are contributing to the companys poor cash position.
- Identify the budgets that Brian and Alex will need to create to resolve these issues, including the information that is needed to construct each budget.
- Once you have identified the problems and necessary budgets, prepare a report for Don and the rest of the management team outlining your plan for establishing a budgetary control system, making certain to include how each component of the system will benefit the overall financial health of the company.
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