ANSWERS PREPARED BY THE KNOWLEDGE
GROUP
PROGRAMME Bachelor of Commerce in Financial Management
MODULE: Budgeting and Auditing (Financial Management 3E)
YEAR; 3
QUESTION ONE (30 MARKS)
INFORMATION Wolf Limited manufactures and sells electronic lawnmowers and made the following
forecasts for the financial year ending 31 December 2025 for the three provinces in which it operates.
All production is done in a centralised production facility in Kwa-Zulu Natal and finished goods are
then distributed to all provinces:
GROUP
PROGRAMME Bachelor of Commerce in Financial Management
MODULE: Budgeting and Auditing (Financial Management 3E)
YEAR; 3
QUESTION ONE (30 MARKS)
INFORMATION Wolf Limited manufactures and sells electronic lawnmowers and made the following
forecasts for the financial year ending 31 December 2025 for the three provinces in which it operates.
All production is done in a centralised production facility in Kwa-Zulu Natal and finished goods are
then distributed to all provinces: