Page 18 - CIMA MCS Workbook August 2018 - Day 1 Tasks

CIMA NOVEMBER 2018 – OPERATIONAL CASE STUDY

2 BUDGETING

EXERCISE 2(A) - FORECASTING

Question Your response

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

EXERCISE 2(B) - BUDGET PREPARATION

Question Your response

Identify the likely
budget limiting
factor for GymFiT.

EXERCISE 2(C) - BUDGETING APPROACHES

Question Your response

Discuss whether
an incremental or
ZBB approach
would be most

suitable for
GymFiT.

14 KAPLAN PUBLISHING