1.To acquaint the students with practical aspects of Business Budgeting.
2. To apply the statistical concepts inorder to understand and analyse real problems
Project file which contains solution of practical problems related to
• T Test
• Z Test
• Chi Square Test
• F Test
A Project file to be prepared by the student on the basis of the case pertaining to the following topics:-
• Sales Budgets, Material Budget, Labour Budget, Master Budget and Cash Budget
• Analysis of Budget variances
• Budget of Government