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ZIMSEC O-Level Business Enterprise and Skills

7.5.9Budgeting and budgets

Budgeting and budgets in ZIMSEC O-Level Business Enterprise and Skills: what the syllabus expects you to know, the learning objectives and how to practise.
Subtopic20 practice questions1 lesson
Practise this topicAll Business Enterprise and Skills topics

Overview

Form 4: cash, sales, production and purchases budgets.

Learning objectives

What the syllabus expects you to be able to do.

  1. 7.5.9.1Explain budgeting and budgets and identify types of budget.
  2. 7.5.9.2Prepare a budget for an enterprise and explain the importance of budgeting.

Lessons

  • Budgeting and types of budget

    35 min

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Sample question

A sample question on this topic. Answer it, check it, then read the worked answer.

Budgeting and budgets: sample question

1 mark

Actual spending on electricity was lower than the budgeted amount. What type of variance is this?

Choose one answer

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