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Controls 08st cm dteg rel peat ey omy Ogarisatton's Financial Oncl ateocnsHt Proce Controle Consist q oth Ahe — meaourts fekew by tAL as garsten fos the Purpose “bxtesmel aurensting Conkel ancl of Prrtecneg qherrgeed AS Premut® ancl PrBfeck management Prnchiees , bol neal and Rrowmtenls + Poflevsing anc PRL outs ployed ery guns SST preess Q Canbal Scanned with CamScannerDevetopt an “Inkernal Acteuntly Contyal Sysien . The fist eee via cleveloping an ofgeckive nteinel attounttey Conteh System A to tdent for there aden Whee alse or erro art Ike Po ocltur. A Guide Fes Management, Prclucer the Foxlewh anton And objeetiva se develspig ow ektechre, dintermot acest tombe Sup tent tonh Receipts im TO Cridust thot atl com Srtended for the ompamisetion Sa necelved , Prompt cle-postteat ] propel: Gredasded , Sreconcifed ome kepk under aclespote Rect « Cook Disbartements y- To entuce #hak 49 Comh us clittrnet onhy wpe Proper cutretigation St Managamet firs yatiol Wusiners Ptrrpase, omd thok all clisbussements gow Propet Srecorded - Poy Conk 3— TO enture thot PIkeY Conh ond Othe wos Fund& ake al puted only er Propey Prpar, ane chen proche Sees qaurerded amd, Propety, cnecorded s Payee §— Yo ensure, hak PAYAL CLUS bursement> ase mode ony pon Gyspete authetiaattinn cho Lena Hide emptoyses Bre payed As burtemenly ane Propet, hetorded re , Prank Sremlored Aegol sesuirements Coch on Pryor tex departs) age Comptied ust. Grams, OLE owd bequests g- “To ensuwe them att gore, ate amd eqpestr asa oveceived cmd property sre corded amd dhol towphionce with she fern oa coy Oretoteel Srearteltons Sa ookegpre-te lr moritoredl » Fixed fgsects 4— “TO ensuse thob Ax The Finance [Acvounateg cliveetor Commonly Sreapontdbte tor ovemsecteg kre clog -to- clay Umplemenkaten SL anene paticies crnd = Pi ocedurte + The quditen's Mornagemens= wel Letter So an empestant indicahr ap the cekeptacr cHy & Condo] Structure, and re clegree oer Cntenedl ee eo tics fe A malatatned. “the manazement tetier , UORich — Oltomparies the anol ond typically Cclelveyiecl to fhe board ay tostees for “the orgrmigatton 1 Gites Ryriticants eet ney ais Bho dye OF SAB executton , By gevicuing a Joker. with At execute clivecton, onking bor Ses pomes tp each intemal Contvsl depse or ge Commendation» and Comper menotiment- Leben rom ytan —t0~ Yee, he boa pos wcmmad mmechwonisom ter monrtorcing 3a Finandel Safeguonds ancl achhenence Lo Ainanded paticier. AS youl Prohik change amd amakunes oma Yate Aundlry: and programs charge gen watt peed he pertockea ty reviews oh Dykeonok Aeemumrdng toni Systm olsich yee have edtoblished ancl moclisy” ak Ao Snetade new Ciruim—- phances weigger Atak» more Sreibsictedl Fanetig rete emd oie Cau os oreceinteg Feclerols aworols tntrenoed “epee clemands. with Scanned with CamScannerae... a ehongea tn onesie cepibat qa Pastteutosus | Curment Accette | Cooh ot Ranks looove | 65000 35000 Actwemt Receiverble 105000 }\20 000 Bit Receivadle | 20000 (4oo-oo Anverckosent H\eora] Yoore 10000 Lugeso | 365000 [Curent Liabitities | Orecitor acer | 4ooc0 | Goo rele fegoble 50000 | 60000 1q000 Subtandtr Expenses | asowo | 9° ow poe (100 |)ae000 | Loopteing Copisat | 240000|2u¢ 009 NE decseane fu voorkng co Asis Coptrot | aTeevd fateoee [i iceea | 11f cee Poruf onto Prmount Posurtcular Te Ralance blot 120000 By Dep, Alc 10000 TO Comr Ale CRrchoae) E5000 By Corr Alc Joo00 By Ple ale (hos) By Cal clA 1 co0e 1Q5000 5000 Scanned with CamScannerAccummated Dep, On Machin sup Account , Potion 0 Machinery Ale, To Bat. Cla Accumoted Dep. on Cuildltny Account, [Pectalen | Amount ; To Buffel Joooo To Pettomce.clet | 85000 Pasticutes. | Amount Batonce B/ol ~1S000 By PAL Ale 20000 Soe Posttewtan Amount To Bat. blot Qadece | By 20000 To Cash Ale © Prochare > Fre Rak. bla To Cooh Ale Cpunchooe) Scanned with CamScannerFunds Fram Operations Nek Prot Add De pocedetion on MaEntrest _ 16000 Budd try _ 20000 Add Amasctigation of “Paerits _ .Fo0o. Add sreseres — $29 Add Loss on Sale of Machine _ Fe00 [ose other Oervenises Funds from opesuctions Funds From operatiog . . Mochines Sole Q inpanerey Rirchme, S build Ieewe @ chore Copital Potents ak alecormae hi. Carell , Puverove of Land Scanned with CamScanner» Comh Pleo Steutement ‘ Cooh faom opera ttn actives Fund from openattont Add clecsence fe Curved Astets & Tr Current Unbistttes Trvenctory, Penis Payable tncreme Th Capital Uobigittes Account eceivables Biak Secetvabte, Corcaditons outstanding, Expenses Purchase % Banding Rurchone Sh maciines“ Pokents Land 60) Cooh from financting Actiitfes Tome H Share Capttal Ponds ) * G) +O) Less trevense $n Current Assestih olecre, one. “lo000 {9000 Qo000 11000 (Sooo {0000 60000 fo028 (oone) BS000 (20008) Gseo (go00) Chee) \ loooe (1e000) 25000 100 000 S000 Scanned with CamScannerDebk Financing — To ave Lhe amount >y athe Cr 1S 4 clehomktrred . Computation S Rnoneiod Leconte, (1) (2) 20000000 |1So00000 Less Interest om Debentures C1279 2.00000 | 1Qovec0 ERT “}\ aoe ove Less Tntome Var (50%) (00.00 000 2800 000 | 46300000: 4oroseo | 4000000 o-7 WH SAe Thy Finlay ¢ EPS of RE OT and SAS” fw debt Financing PPS A RE. 0-98 and 6-22 for equity Finomeirg - Answer 432 Preogit mating wo LL2 psctme obfeckine buminess entecprce . Proftt clepencls an Borate tly on Aso acters - Coste and foless fn arden lo acheive better parfremance, Lt dh necenary Anat yr don clown your jaagees Sm depeche ge beth oh Ahem Youn chfective cheuld oe Ae mortage ALL Asles cmd mminimige tea caste. THE Lath grutle te Abe rravienigatin Fre prop cmd Fu tre Jong gum q sue weal of BKE leu. Nasttante — crnabsysit ats Anctimetely cov necteol ayn budkgetoory Conkmok which helpr Phe rmansgerent ath go Pdannin future actvittes. = ( Cm ackaal pobamrmnce ate Dee bigest Scanned with CamScannerperformance + * Tdercttsying Ahe Vosortances on “te hela Camnes. * Ensuring ALE sremecial meaure ase Token at epproprialt cts + Us ane dikberence oetween toudgeted and tue ar ald eontier, Orsjitaditey md doles, Lk atl be. Noasdance actwsd Aevel Sk acttty + Ginte., 9 Jouatness depend oth am Cost o tank vosdance St the dilberence between ' yanat enevbd have been PLE coe! C prpiody Seamed Stoandoad. cmd phat has been the cost" Cie. actual Lost), arukoh achiral caste is fer Ahan Standonel is deonedd 08 favourable’. Hower, Cost ) Tw cee dhe COKE, the vasdance TE the actust coat fh move han Bhandard CON , Vosimnee bo term od tadvetse! Ox ' unfaw ounable’s Gales vosgnee fs Abt olibbenrence petween ? Whar Cheutd hoe been fae gales * Cpoprlartyy > dreamed cy budgeted faled and what have been Pat Cotes’ Che. gua achuot Sold). fn Cone ht Amount o& acruod Cater Sh mone Phan lovsgeresl Gales | fue variance és kommeds 0 ' favrerobse’. Howerer Ug Tne Amun ge actual goles Js Lem thon duolyeted foles, ThE vasriando D ternedt 95 Tadveve! OK ' Unfavoursble 7, Direck expenses Cons BHuTe oan Lett gni-ticant- Pomtten sf fra tek Cost wf re Product, Hence, cHirect segue vostance th generally not Colcalatedl, ets, a 7 ee pe olirect expense ‘ de the fame Way ay She yooriable overhead vogdance us taculoted os Tr mast Lanes the divect expenses asa yoodadie : ease 5 Scanned with CamScannerThere ase tnyee “type af, clivect moteniak veeGanre Exptained Heads The fisdt cme in Direch Matertat tost vosiance COMEV) which Us equal po The olikberence — behweern CeOtr the Fteyndosel Cost af olixech moteriols cpecibied fr Lt catput acheted omc the actual Cort of guisect motenta Weel. The Resse | cost SS motentals fs Computed by rom et pial Bhe Gkemdotel Price with Dh Areyndlanel Quality fer actual petpur crn Phe Ochkial Cort ts Computed by crus Eipging ackucl gice owikh 2h artuct aa Formula for Computatton a Direc matesrial opel Stemdorrd Use yesefan te = Lost for — Toket Accrual Coit Ce omer) Aches output, CHandosd Price » Stade Qty Fer ett Butpub)— C Achuod pace x Ackual ons ty yy 16 gre actuol cost uh -mope Dhan sremcesd cost, Se ugull Oresulk ln an aclvese Variance and vice. versa , LeE Ur take an exam ple. — Chand ossal outpot Roo Units Feckudd ukpek low onthe Bede ger PR alte 1%, Total actrol Ory udeck \j20¥ ia, Mrandord Sacer Po Unb” Ra. & pen leg Rekucl XO par uni” i is) puss aes Drrcy = brandard ost -for aetuok outpule = Actual Coste = \oooxl¥4 = laconS = Scanned with CamScanner= Rs. 4o00- R1, 000 = Rte aooo C Aeivense D Tf standond outpat ond acttal erctput ake olitterent a an Ae core, Ahe vastance orm Be be Cateutatedt Keeying Bn fhe View aha actual outpubs The tnfermahia S1e- asc Grandes outper Curhich Ga alicherent Bon grandosd duantity D The matesiol Cost — vostiance mog ascte either on account %% Chang? in pprtcr, ow cronies ox quendty or bythe Thus moferial cask variance mon foe Further anabysed on 'mabesdod patee vertancet ont vgnateriel Usage wosclance " Dimect Material cost vostiance COmcv) Price Dinece tales vaege Olreck Materia! vosance. Voscience Sy thus nok nelevont, Dinect Moterdal Price Vosconce prev Ub Concerned clined matestad Cost vos tance cLiftyenence. between Ahi Bandesa price spechiod umd dhe ackuot price paid. Fommuta For Compucokton Direct material thrice _ Actual rondo — Ackiuet Sumnstity * Price 7 aa | with Bret pester of See wonich Js due Be Prt srooriance c ome) VF thre acthiol parce gy mone than he ptandarel price, ahe vrostance would be gdyeue ond in Cane abe Arandlorel pita. mone Phan slo actust pace, TE werld sreartk fy Q paivEuroble vostiante « / Scanned with CamScanner4 , = Th ‘ + et e mosetal prcice voslomie, onthe baris sf eps | \__ > Sn the above erample wil be com potest y— puredt oA Dmev = 1g00 x CUS) = Us. lao C adverse) The seanon fer peice vost ance mony ce Bw undedl| yy) PuackunHons in market priceas ad Market dvends moy be Ipulltsh Od beartth bh) Tneresne or decree iin prices on account & agyrernenE pekween void suppitens ore On acesunt St Government gurtervention Ww Roving atpbiciency oc tnetthciency iy High oF fous coat s roms pertetion cmnd Corruioge Ms goods: , ww Crane Sa ar Faiey ou pea purchore pebiys- a) Superion or Sufesdtor Cron- Grandord) material ei gnr nave been parched ; b) Prana’ Ambir rave een ekpecredt tn Amol ° ; Quand bes Susreok 5 te pula or Vitervena- cy Sudos titute cmel Cheep ynatedals might have been Wed vy Emergency, puwchane = piackng gush orders for immediate chehivety ok phe peevetent paces VI) Gyend Se purchones arch Loss Of ols cosh « vit) Wacorcre cy Set getty 5 honderdtn pices Scanned with CamScannerL. Some ct feccls mo be — Contaot leo! bey The Wnafgement- th Casa OF Proper Conts| in Qxesecised, While others mo be beyend Dis tenrol Of management » TF Phe factors AN Controslabie, Bre vying olepantment As Laat eerumsrelie nk fos favourable Dineck Matertod Usoge on uoxttihy vagtance + OMvv us that poston Sf dinect mata Cost vodstiance Which 8 clue to the ollfbertnce I between Pre Stemdord duontity {pect tect C fre Ee Output achieved) and Ae actuot Quantity untel, Foumuta for Computestton Dinect motes tou ar Stanoland Stan dascl Quantity fer a ; = x Vesiance C pmuv) Rete Crctuol gutpat)— (hetunk “omy The actual Grorstity IF moe Zhan ane standart Quantity , wewsd Cause an Unfavowroble vortente emel Uea~vesa « “the. nage yajionce Sal be. Gampureal an fotos Gn he bonts of Ai guees given m the above example - Dmuv= U4 x Cleoo- Ince y . Wx C200) $5-R00 C acverse) The fotel miclerfol price and Guomttty voriqntes bb eapal Bo motertad Got veurtance: - - Scanned with CamScanner v nDmev + Omvv Qs, aooC AD + G00 0A) gdooo CA): Thy SMCV = a RS NMiseck amatenial Lana voducynce. may the necoon ber be co undey i= I> Thebbiciency, Jack of gkigt er peuslty Lor Kmenthiep age Comacunniaattin a, dew material. resulting ae Wi) Lact ch proper vakeep and maintainance of patent ond egptpment, and frequent render chins Procluctfn peoceat Senclleg alo wontege 4, motertol. J} Wen- Comsidanatton sk prodicr clesign md meshed a Prscceenting eke. hich Boxing Grondords . 8) Prensoeck — mabeacked Proceastea eh motthials serait Se fee ! N Vantage « AH getumns sf mokentol ge grec Cor 1 Nen- ore coneLlng Shores) oo Smith ~tranifers sorom ant Jet 3° another, VA) Improper Tespection cond Supervision G& Wertvmen sent Ge adveuer Guat hy vroosience due Re cagalers Panatg Ana pasenesng ‘ m ° Vit) Too Sich Sepenvicien oF twrpertton sient at eRteESive Sejectons amareicls: VI) Gubatitutton sh Specitied materials With Unc pecitieal motenials Casntr-g yregre Con. cuuapton Sk Bhe Battor . Price Maosioce Contd be favourable be cue Unspedtted mokoial 4 sdikeby de be cheaper. Scanned with CamScannerth) Fntorreeh otto Sb Stomclands, Renclivg Te vostinttons « ane L Shawn le we) Excessive wsastage, Scrap + Spoitage, Snantege, deak 4 TAIAANCK « oge ete: Couning an adyeve rege vosshance Compuretton Sf Vasuiow Dirtck Materted Viasences, Foam phe yortorot parHetors , det UD binel The Cb materia! Cost vosetante, G1) Moserial Liraga variance ity material price veoiemce,. Quart y ot mottled purchore 4ovo unitt Vaiue 4 motertod Puochased Rs. |o000 Standosd Suamtthy a motodals per untt ¢ Finished product akg Standosd ots a; matertod a. 2 per kg: opening SO, o& mnaterted Jooo Using Stock ot moteriol aocoleg Finished Product davies fla period looo unitt Standard Quand ch ynederiol Kepived ! lowe wa = aewig Accuol Quant of mederiol Uned = Material Puschored+ opening seek closirg tock, = Yooor 1000-2000 = Borel. Gtandosd Pace = Re. A per umd froktiol Paice = Wy, loco m Rp, Q.So Per Unik ~ Yood units an 1) DMCV = Total Giandond Coit - Teel Actual Cote Standosd , Standosd meted ol es ® “amntty | ~ [price BK Seong] = (€2¥*2000) wmC Axtoce + 2.50% rece) ooo S Cieccot See) Scanned with CamScanner= \Yooo — 1000 Rg. Bove C Adverse ) ¥ Prre-Cumtey FieO methocl it) OMUY = Ktanclond Poice x CShamdond Quotity = Peek Suantitey) y Qs.Q X C2000- Booed) >e UQ ¥ C-to00) Qs. Aooo( Acivescse > v DmPv a Actual Quankthy # Cerendond Paice - Actual Price ) \ooo KC a2) + Qood RC A-a-Sod > RQooox o'Go = Reg. (ooo Cardverse), Uk with be cbaerved Phodo ane foket sp moteriols w ema mekericl price varuance Ja Capra Co moteriad task vaseiance. . Dividends ate psebth One company cls? butes Me Chasalratelers. This 19 font the ebjeche * the Com to make meiney ter $0 Shteheldas, TRO Company's boom of clinectosd Sets ae dividend ck wm guesclestay mesa Lo Tae bonne Sets tant otnicled guate of cr Per Chant boris. HE ty owpatnt D> aale Tes sue Comp mo ohbyation cto 4 chiveencl. 1F Te Company LLY hurettey ktnametestiig eo Us poasel Lo Concerned abot hutuse, yrorpecht > fr Cam +erge ML ohischernd - Scanned with CamScannerDividend ShpAs Snrestory anothen oy —Lo « eapectadine Se be got Ad corrent Rncame. gag “soar find Brat beusfrg and hotel tomparies USth good Wore % Paging dividenddA mokes oe Bente Ler nareted b Dividends unrellyy clon’ Serprerenk att Ge iw compa pokes. We Comparvy} Sretuin dome Portion ton Lhe auton uce fe acqpisitvons or ao Metive debt, fo, comple « Monty Most Com ray aliviclenels Sa SUE ASM OG, attr Drs, may be oCCartons ishen a Camm per wer Bede ine Mom frwertors apt attenetee) Lo Arotks with Fue yood hasty poogirg Gatdendss “Vhese — Comparios ade cuca act eAtmbUshed and — porfeteble y but may mek “Hee mach Ba a a gymath Potential. Dividend alericion ds eme among “Bue abibpionlt i F Ehe oy money menk nok Aske ti Choice Beek . 4 oan oo obiocating theis prpt ae me 4 or clistiburs EO fiekeholdens- “Investors pr akienkion JF = dhe un 3 ytd on Shelter Lnurment 3 7 civicle de becaw chance cle bell Bho eicks ab a Wye pace sh oo chine tudurt: i 7 r Sings mens alls on money ener” sf esoningt a e@ogen\ “a. duvidencly and poy % pep c. ~ 4 i er Bodm * lividendel Reber do PRL woton Gf Companies cape gs Uriel th pb put do Tee equity Mrekad we ghose halen, ince J Mem Cnok ter pretenence ¢ denn 4 Soa ned de Wave O -bixeol ate of cLividends,), Dwiaend Polley sh 8 {goer altrides ai pomHon of enn 4a be poid on olividendt Ae Ordinesy dinelcheldeds ond gue tedion De fs porequed pack im ene tin bor Lnveatrmonk parpuse + “Tha Poke met coor of egy ee coad by dividends C woof eLividtrol payee Joo! ot Scanned with CamScannermMlows Po-S Cont Which may Comsequenty- Lowen mostkel” Price © A [one of met emrnin paict on clividends 5 Wight Captiad gains and ithe. morket price + When a Com pany Wes O paste of te Het eadeni dys diviclenel Prymenk Then y Ke sremai ems nd ase eleuheol. Thus, Shee 21 an invewe, $2 lows hip petwean Srekaineol eponi and e aie tect aks = Oe SK Bie obn atic le ome + Serer Pre selenkion » Smatlern M2 Car piviclends ancl Songer gretenkim. Henee te the obtenned vt ogee met eoany Or Het profil olividends ame Séfeined ennrinys Ow Comp etinive Anal Comp derctiog Dividlencl olecisin Mhkects Dhe yatue of pform . tthe Cooh avaideble por Be peogmenk sf gividencs eo ofbecredt by pit agente Unvesrment clecicion, ciwd Anant detuision. A decision, wrich 4A nelatedl t Sayestmek lend be ew coh Ayaiteble for prpment of dlividen dt Th thane Jo 0 elon pehweent Sanveshnedt clecision and Crane decisim. Ofsri bullion oh nek Sefierdings pekween cbivictendt amd metentio Would epirwly obec penehlt wealth, New ht compete wb ate gUikemma wokich abtenative itt Condighnt 20 moving Ohana Chage Wohcbers oreth) whe fiam non te poy CAividends Le Chasubeldod ty ividencs denct fe Fhe -mosimigation yoedkh WH Shim, ethawtre company sretot etain Bremer Poanelyy Protitelsie 2iyestment appertinsties. 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