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