Using Appendix 3 and other information, consider BB's financial performance compared to its main competitor. Do you think BB's financial performance is better than its competitor? Justify your answer using appropriate calculations. ....................................................................................................................................... ....................................................................................................................................... ....................................................................................................................................... ....................................................................................................................................... ....................................................................................................................................... ....................................................................................................................................... ....................................................................................................................................... ....................................................................................................................................... ....................................................................................................................................... ....................................................................................................................................... ....................................................................................................................................... ....................................................................................................................................... ....................................................................................................................................... ....................................................................................................................................... ....................................................................................................................................... ....................................................................................................................................... Conclusion: ................................................................................................................... ....................................................................................................................................... ....................................................................................................................................... ....................................................................................................................................... ....................................................................................................................................... ....................................................................................................................................... ....................................................................................................................................... .......................................................................................................................................

Business
IGCSE&ALevel
CAIE
Exam No:0450_w24_qp_22 Year:2024 Question No:4(b)

Answer:







Knowledge points:

5.3.1.1 the meaning and purpose of cash flow forecasts
5.3.1.2 the interpretation and amendment of simple cash flow forecasts: calculating opening and closing balances
5.3.1.3 different methods of improving cash flow
5.5.1.1 the measurement of performance
5.5.1.2 the benefits and drawbacks from the use of budgets
5.5.1.3 the meaning and use of incremental budgets, flexible budgets and zero budgeting
5.5.1.4 the uses of budgets for measuring performance, allocating resources, controlling and monitoring a business
5.5.2.1 the meaning of adverse variances and favourable variances
5.5.2.2 the calculation and interpretation of variances

Solution:

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