Capital budgets

System
System Posts: 100,534 🤖 Admin 🤖
edited June 18 in AAT student discussion
In the memo for 2.2 i explained about the original budget & flexed budget but i never really made any sense with capital. do you think that is still enough to pass ????

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  • System
    System Posts: 100,534 🤖 Admin 🤖
    Capital budgets
    5-times wrote:
    In the memo for 2.2 i explained about the original budget & flexed budget but i never really made any sense with capital. do you think that is still enough to pass ????
    Hopefully (cos I did the same).
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Capital budgets

    me too! i just said someything vague like it's used to track Capital Expenditure. I felt that if I wrote too much I might incriminate myself. Less is more and all that!!
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Capital budgets

    I wrote that the original budget was plannig purposes and the flexed budget was for control purposes. The capital budget is used for laying out the costs and revenue associated with capital items, whereas the operating statement is used to layout the costs and revenue of production of operations, in this case the production of Pescas.


    YES - I KNEW WE WOULD DO IT!! COME ON ENGLAND.

    GOING TO GO WATCH THE SWEDEN AND PARAGUAY MATCH.
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Capital budgets

    I think if you mentioned anything along the lines that the capital budget was to monitor capital expenditure and the operating budget was to plan and monitor performance you will have done enough.

    Regards

    Dean
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Capital budgets

    Thanks Dean.

    Regards

    Bhavi

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