Question
1. Identify the problems that appear to exist in Burbages budgetary control system and explain how these problems are contributing to the companys poor cash
1. Identify the problems that appear to exist in Burbage’s budgetary control system and explain how these problems are contributing to the company’s poor cash position.
2. 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.
3. 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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