Data Sourcing/Survey Methods and Sampling

Techniques/Accounting Techniques and Effective

Decision-making.
“Bravo - Sales and Consulting Company Ltd”

COMBINED ASSIGNMENT ONE: Business Accounting; Business Analysis and Principles of Marketing
Survey Methods and Sampling
Techniques
1. Market Research Techniques

2. Data Collection Plan

3. Survey Methods and Sampling Frames

and Methods
 1. Market Research
Techniques: Primary and
Secondary Market Research

I. Market Research

II. Primary Market Research

III. Secondary Market Research

IV. What to avoid doing Market research

 2. Data Collection Plan
I. Data Collection.
II. Data Recording
III. Data Analysis
IV. Making Sense of Data
 3. Survey Methods and
Sampling Frames and Methods
I. Random

II. Quota

III. Quasi-Random

IV. Pilot Surveys

 Analysis of Collected
and Recorded Data
 Qualitative Research

 Quantitative Research

 Mixed Research
 Accounting Techniques and
Effective Decision-making
1. The Make or Buy Decision

2. Just In Time

3. Inventory Management

4. Calculation of Unit Costs

 Identifying the Sources of
Finance Available
Internal Sources:
 Holding the profits instead of
dividing to the share holders
 A tight credit control
 Delay payments to creditors
 Reduces inventory level
 Identifying the Sources of
Finance Available
External Sources:
 Short term
 Medium term
 Long term
 Investment Decision- making
Techniques
◇
 Investment Appraisal
Techniques
1. Internal Rate of Return

2. Profitability Index

3. Accounting Rate of Return

4. Modified IRR
 Types of Costs (Cost
Classifications)
◇Management Function,

◇Ease of Traceability

◇Timing of Charge against Revenue,

◇Behavior in Accordance with Activity,

◇Relevance to Decision Making.

 Costing Methods:
 Unit Costing
 Job Costing
 Contract Costing
 Batch Costing
 Operating Costing
 Process Costing
 Multiple Costing
 Uniform Costing
 Cost Measurement
1. Absorption and Marginal Costing

2. Traditional Overhead Absorption vs

Activity-based Costing
 Standard Costing
◇
 Stock (inventory) valuation and
costing

1. Stock valuation methods

 FIFO

 LIFO

 AVCO
 Budgeting

 Historic Basis

 Zero-based Calculation
Methodology
 “Bravo - Sales and Consulting Company”, Inc.

2017 Budget : $ 891,413.00

SUMMARY BUDGET ACTUAL UNDER/OVER

Total Income2016 $ 37,000,400.00 $ 42,525,660.00 $ (5,525,260.00)
Total Expenses2016 $ 609,520.00 $ 891,413.00 $ (281,893.00)
BUDGET ACTUAL UNDER/OVER
INCOME
OPERATING INCOME
Sales $ 20,050,000.00 $ 20,550,000.00 $ 500,000.00
Services $ 2,000,000.00 $ 2,500,000.00 $ 500,000.00
Sales +Services $ 150,000.00 $ 1,145,000.00 $ 995,000.00
Consulatncy $ 1,000,400.00 $ 1,129,560.00 $ 129,160.00
Sales Export $ 1,000,000.00 $ 1,560,000.00 $ 560,000.00
Sales In Country $ 1,550,000.00 $ 4,525,600.00 $ 2,975,600.00
Consulatncy in USA $ 11,250,000.00 $ 11,115,500.00 $ (134,500.00)

TOTAL $ 37,000,400.00 $ 42,525,660.00

EXPENSES

Budgeting
OPERATING EXPENSE
Accounting & Legal $ 2,250.00 $ 100,000.00 $ 97,750.00
Advertising $ 10,000.00 $ 25,000.00 $ 15,000.00
Depreciation $ 5,000.00 $ 12,100.00 $ 7,100.00
Dues & Subscriptions $ 2,000.00 $ (2,000.00)
Insurance $ 20.00 $ 2,350.00 $ 2,330.00
Interest Expense $ 2,000.00 $ 3,000.00 $ 1,000.00

Example
Maintenance/Improvements $ 1,000.00 $ 20,000.00 $ 19,000.00
Taxes & Licenses $ 9,500.00 $ 11,563.00 $ 2,063.00
Telephone $ 5,000.00 $ 7,500.00 $ 2,500.00
Travel $ 2,000.00 $ 50,000.00 $ 48,000.00
Utiliites $ 2,000.00 $ 2,150.00 $ 150.00
Web Hosting & Domains
$ 40,770.00 $ 233,663.00
PAYROLL
Payroll Expenses $ 250,000.00 290000 $ 40,000.00
Salaries & Wages $ 290,000.00 305000 $ 15,000.00
Contractor Wages $ 25,000.00 40000 $ 15,000.00
$ 565,000.00 $ 635,000.00
OFFICE
Office Supplies $ 2,500.00 2500 $ -
Postage $ 1,250.00 6000 $ 4,750.00
$ 3,750.00 $ 8,500.00
ENTERTAINMENT/PRESENTATION

RESTAURANTS $ - 1500 $ 1,500.00

Concerts/Plays $ - 5000 $ 5,000.00

Sports $ - 2500 $ 2,500.00

Rental car $ - 5250 $ 5,250.00
$ - $ 14,250.00
TOTAL $609,520.00 $ 891,413.00
 Budgeting
 Drawing Proper Conclusions

 Creating Plans
 References and
Bibliography:
Refer to COMBINED ASSIGNMENT ONE: Business Accounting;

Business Analysis and Principles of Marketing , IV References and V

Bibliography - Page 15/16