Unit 1 talks about the costing process in an organization and the unit 2 talks about the budgetary process in an organization. Your company might also be thinking of implementing Industry 4.0 at work. In this assignment choose either to discuss about the costing system OR budgetary system OR Industry of your organisation OR MBRS implementation by answering questions 1 to 4. Please describe how your company managed their budgets and finances due to the Covid-19 pandemic. The assignment should be between 15 to 20 pages long.

1. Gather and present some literature review on costing systems OR budgetary system OR Industry 4.0 OR MBRS implementation. (25 marks)

2. Describe the costing process OR budgetary process OR Industry 4.0 plans OR MBRS implementation used in your company. Special mention would be given on how your company handled their budgets during the Covid-19 pandemic

Your organization may use software (Enterprise Resources Planning – ERP, accounting software, etc) or a manual system to track the costing process OR the budgetary process. You might also have project papers pertaining to Industry 4.0 implementation. PLEASE PROVIDE a SAMPLE OF FLOW CHART so I can relate to my organization.

3. Critique the costing process OR budgetary process OR Industry 4.0 plans OR MBRS implementation used in your company. Special mention would be given on how your company handled their budgets during the Covid-19 pandemic.