Prepare a budget for a Sports Event in economics & financial operations in sport business then identify and explain the main headings in this budget.

• Prepare a budget for a Sports Event you are going to organise, then identify and explain the main headings in this budget. (200 words plus budget)

• Explain how you will use the budget as a monitoring or control tool, and identify the areas where the greatest degree of risk or uncertainty exists. (400 words)

• Give an example to demonstrate how you will use variance analysis as a cost control mechanism. (200 words)

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