by hiaja | Jul 16, 2023 | Accounting Others
Both financial and management accountingA. draw on data from the organisation’s basic information system.B. provide information for external users.C. must comply with Australian accounting standards.D. rely exclusively on historical...
by hiaja | Jul 16, 2023 | Accounting Others
Which of the following is necessary for management accounting information to be useful?A. It must report to external users.B. It must develop a framework of principles and guidelines.C. It must adapt to accommodate changes in the business environment.D. It must focus...
by hiaja | Jul 16, 2023 | Accounting Others
Management accountingA. must comply with Australian accounting standards.B. focuses primarily on the needs of managers internal to the organisation.C. provides information for parties external to the organisation.D. involves reports focusing on the enterprise in its...
by hiaja | Jul 16, 2023 | Accounting Others
The benefits of management accounting information includeA. improved decisions.B. more effective planning.C. greater efficiency of operations.D. All of the given...
by hiaja | Jul 16, 2023 | Accounting Others
Budgeting can be used in an organisation toA. motivate managers to achieve organisational goals.B. control operations.C. provide managers with information for making decisions and planning.D. All of the given...
by hiaja | Jul 16, 2023 | Accounting Others
Part of the planning process involvesA. formulating details of operations and finances for the next financial yearB. comparing actual performance against targetsC. making a choice between available alternativesD. measuring the performance of managers against preset...
