ACCO0714 Final Exam S2 2020 Online Monday 12th October - Word Sign in X File Home Insert Design Layout References Mailings Review View Help Tell me what you want to do Share 36 Cut Calibri 12 - A A Aa 24 AaB AaBbCCC AaBbCCD: AaBbCCD Find BB Copy AaBbCcDc AaBbCc AaBbCcC ac Replace Paste Format Painter BI U - abe X X' A . Z - A- 1 No Spac... Heading 1 Heading 2 Title Subtitle Subtle Em... Emphasis 41 1 Select Clipboard Font Paragraph Styles Editing Section B: Comprehensive Problems (70 Marks) QUESTION 6: Master Budgets [14 marks] You are the accountant for Red Hot Wok, a fast food business based in Brisbane CBD that QUESTION 5: Balanced Scorecard [14 marks] offers three standard meals: noodle bowls, egg rolls, and rice bowls. Each meal can be Consider the following (fictional) Balanced Scorecard developed for a small community prepared with a variety of meats or vegetarian, however the costs and prices are similar for based bank in Queensland: all varieties of each meal. Perspective Objective Measure Financial " Increase Margins " Increase in Profits The following contains the operational and sales assumptions for the coming month: Customer " Decrease in Loan interest rate " Smaller percentage Internal Business " Increase lending Quantity of Money Processes being loaned Products Selling Price | Next Month's Estimated Sales Learning & Growth . Monitor Demand for loans Number of loans being taken out Noodle Bowls $4.00 |200 bowls Egg Rolls $3.00 100 egg roll meals Rice Bowl 53.50 500 rice bowls per day Required: Required 1. You have been asked to provide specific feedback and recommendations to the CEO of 1. Prepare a revenue budget for the coming month assuming it is 30 days long and the the bank regarding the effectiveness of the proposed balanced scorecard. Outline the business is open 7 days per week. Show all workings. [5 marks] pros and cons of what has been proposed and what steps and changes you would take in order to recommend ways to improve it. Please feel free to use the table below to structure part of your answer. [14 marks] Perspective Objective Measure Activate Windows Go to Settings to activate Windows. Page 9 of 23 1615 words [x English (Australia) + 62% O W 12:22 PM 12/10/2020