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Assessment Task 2 -Prepare Operational Budgets Instructions to Student General instructions: In an Excel spreadsheet templates provided you are required to: Create a budgeted profit
Assessment Task 2 -Prepare Operational Budgets Instructions to Student General instructions: In an Excel spreadsheet templates provided you are required to: Create a budgeted profit and loss statement for a services business. Create a budgeted profit and loss statement for a manufacturing business. Compare and discuss the difference between the two profit and loss statements. Information/materials provided: templates for budget are provided. Assessment criteria: To achieve a satisfactory result, your assessor will be looking for your ability to demonstrate the following key skills/tasks/knowledge to an acceptable industry standard: Prepare a budgeted profit and loss statements for 2 types of business. Determine a budget KPI. Discuss the differences between the 2 types of business budgets. Assessment 2 Task 1 Below you are provided with details of two companies and their budgets. Prepare the budgets and answer the following questions. A. From the following information relating to Marmax Consulting Services, prepare a budgeted profit
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