During the school year a position should be no longer than 15-20 hours a week. The time commitment should reflect how substantial the position/internship project is -- you should be able to easily fill up the internsâ hours with projects related to the position description.(See Chart Above).uring the school year a position should be no longer than 15-20 hours a week. The time commitment should reflect how substantial the position/internship project is -- you should be able to easily fill up the internsâ hours with projects related to the position description. (See Chart Above).
There are three primary causes of budget variance: errors, changing business conditions and unmet expectations. Errors by the budget creators can occur when the budget is being compiled. There are a number of reasons for this, including faulty math, using the wrong assumptions and relying on stale or bad data. Changing business conditions, including changes in the overall economy, can cause budget variances.
9 M4- Analyse why costs and budgets need to be controlled. Analyse the reasons why costs and budgets need to be controlled. 10 D3 Define what variances are (favourable and adverse)(see this). Examine the problems of not monitoring a business budget and state why budgets need to be managed properly. (D3)see thiswhy budgets Think about the different aspects of the business and consider how they would each be affected if costs were out of control.