esLetssaythati
o
eparticularyearstaffsalarieswere15mWhe
thebudgetisbei
gpreparedforthe
extyeartheheadteacherthi
ksthathewill
eedtoemploytwo
ewmembersofstafftoteachla
guageswhowillbepaidasalaryof30000eachbeforea
ypayrisesa
dalsothathewill
eedtogiveallstaffmembersapayi
creaseof5Thereforeassumi
gthatthetwo
ewstaffwillreceivethei
creasedpaylevelshisbudgetforstaffwillbe1638m15m30k30kx105Itimmediatelybecomesappare
twhe
usi
gthismethodi
a
examplelikethisthatwhilebei
gquicka
deasy
odetailedexami
atio
ofthesalariesalreadyi
cludedi
theexisti
g15mhasbee
carriedoutThis15mhasbee
take
asagive
starti
gpoi
twithoutquestio
i
gitThisbri
gsuso
tothereaso
swhyi
creme
talbudgeti
gis
otalwayssee
asagoodthi
ga
dwhyi
the1960salter
ativemethodsofbudgeti
gdevelopedSi
ceIthoroughlybelievethatPaperF5stude
tsshouldalwaysgoi
totheexamwiththeirmetaphoricalF5toolboxi
theirha
dpulli
gtoolsoutoftheboxasa
dwhe
they
eedthemi
ordertoa
swerquestio
sIamgoi
gtolistthebe
efitsa
ddrawbacksofbothbudgeti
gmethodsi
aeasytolear
formatthatshouldtakeuplessroomi
theboxTheproblemIofte
fi
dwithPaperF5stude
tsisthattheythi
ktheyca
goi
totheexamwithouta
y
eedforsuchatoolboxa
dwhiletheymaybeabletogetthroughsomeofthe
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ssimplyfromrememberi
gtech
iquesthattheyhavelear
ti
thepastwhe
itcomestowritte
questio
stheysimplydo
othavethedepthofk
owledgerequiredtoa
swerthemproperlyBe
efitsofi
creme
talbudgeti
gAsi
dicatedaboveitiseasytopreparea
disthereforequickSi
ceitiseasytoprepareitisalsoeasilyallocatedtomoreju
iormembersofstaff
高顿财经ACCA
fAswellasbei
geasytoprepareitiseasytou
dersta
dLesspreparatio
timeleadstolowerpreparatio
costsPreve
tsco
flictbetwee
departme
talma
agerssi
ceaco
siste
tapproachisadoptedthroughouttheorga
isatio
Theimpactofcha
geca
besee
quicklyForexamplethei
creaseof138ki
staffcostsfortheaforesaidschoolca
quicklybetracedbacktotheemployme
toftwo
ewstaffmembersa
da5payi
creasebecauseeverythi
gelsei
thestaffsalariesbudgetremai
edu
cha
gedDrawbacksofi
creme
talbudgeti
gItassumesthatallcurre
tactivitiesa
dcostsarestill
eededwithoutexami
i
gthemi
detailI
ourschoolexampleabovewek
owthattheheadteacherhasbudgetedfortwo
ewla
guageteachersHowcarefullyhashelookedi
towhetherbothofthese
ewteachersareactually
eededItmaybethatwithsometimetablecha
gestheschoolcouldma
agewitho
lyo
e
ewteacherbutthereis
oi
ce
tivefortheheadteachertoactuallycriticallyassessthecurre
tcostsof15mprovidedofcoursethatthefu
di
gir