BA2 Exam Dumps : Fundamentals of management accounting

Which of the following statements is correct?

(i) Public sector bodies use annual budgets and thus have no need for longer term strategic planning information

(ii) Public sector budgets are fixed budgets therefore the use of flexible budgets for cost control purposes is not appropriate

(iii) Public sector performance indicators include both financial and non-financial information

Refer to the exhibit.

The following information relates to Job 123:

The selling price to the customer for Job 123 is:

Which one of the following is an advantage of business partnering roles for the management accounting function within an organisation?