BA2 Exam Dumps : Fundamentals of management accounting

Governed by rules and regulations

Provide information to managers

Provide information needed by shareholders

Internally focused

Statutory requirement

To communicate targets to managers.

To comply with financial reporting requirements.

To coordinate the different activities of an organisation.

To authorise managers to incur expenditure.

Finished goods inventory budget.

Budgeted statement of profit or loss.

Cash flow budget.

Sales budget.

Administration overhead budget.

Budgeted statement of financial position.