Page 16 - CIMA OCS Workbook May 2019 - Day 1 Tasks

CIMA MAY 2019 – OPERATIONAL CASE STUDY

2 BUDGETING

EXERCISE 2(A) ‐ FORECASTING

Question Your response

Discuss whether
time series analysis
would be a useful
technique for
VitaMine to use for
forecasting future
revenue.

EXERCISE 2(B) ‐ BUDGET PREPARATION

Question Your response

How does
Vitamine prepare
budgets?

EXERCISE 2(C) ‐ BUDGETING APPROACHES

Question Your response

Discuss whether
an incremental or
ZBB approach
would be most
suitable for
VitaMine.

12 KAPLAN PUBLISHING