You were recently employed as a management trainee in a manufacturing firm. The Managing Director… 1 answer below »

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Background

You were recently employed as a management trainee in a manufacturing firm. The Managing

Director of your company had formed a taskforce was formed to explore the possibility of

implementing an Activity-Based Budgeting system in the company. You were assigned to the

taskforce due to your accounting background.

Required

Your group is required to prepare a report to comment on the suitability of Activity-Based Budgeting

for a ASX-listed manufacturing company of your group’s choice (your company). The report should

cover the followings:

a) A description of your company

b) A description of the Activity-Based Budgeting and its features

c) In what ways Activity-Based Budgeting differ from traditional budgeting system

d) In what ways Activity-Based Budgeting can facilitate planning and control activities in your

company

e) A discussion on whether the Activity-Based Budgeting is suitable to your company

Assignment Structure

The report should include the following components:

? Assignment cover page clearly stating your name and student number

? A table of contents, executive summary

? A brief introduction or overview of what the report is about.

? Body of the report with sections to answer the above issues and with appropriate section

headings

? Conclusion

? List of references

The report should be grounded on relevant literature and all references must be properly cited and included

in the reference list.

To ensure that all students participate equitably in the group assignment and that students are responsible

for the academic integrity of all components of the assignment. All groups need to include a table which

identifies which student/students are responsible for the various sections of the assignment

Attachments:

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