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ACCA December 2012 – Question No 2

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA APM Exams › ACCA December 2012 – Question No 2

  • This topic has 1 reply, 2 voices, and was last updated 9 years ago by Ken Garrett.
Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • May 30, 2015 at 3:36 pm #250649
    deepmaharaj
    Member
    • Topics: 58
    • Replies: 32
    • ☆☆

    Dear Sir,

    My presentation for the Rolling Budget is as under,

    Current Year Next Year
    Q1 Budget – Q1 Actual – Q2 Budget – Q3 Budget – Q4 Budget- Total Q1

    This format does not match with ACCA Solved answers. Kindly advise whether this format is acceptable.
    ACCA Solved answer has done Total of Q1 Actual + Q2 Budget + Q3 Budget + Q4 Budget
    While I have done total of Budget (Q1 + Q2 + Q3+Q4)- Which one is correct way of presentation !

    Kindly advise

    Deep

    May 30, 2015 at 4:09 pm #250674
    Ken Garrett
    Keymaster
    • Topics: 10
    • Replies: 10589
    • ☆☆☆☆☆

    I don’t think ACCA have actually shown a rolling budget. I think it should be:

    18,470 + 19,024 + 19,595 + 20,183

    ie always looking ahead 12 months.

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