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

Offer a longer credit period to new customers to boost sales

Purchase new non-current assets to increase efficiency

Reduce the finished goods inventory to save storage costs

Pay suppliers early to obtain prompt payment discounts

Repay a long-term loan to reduce interest costs

Invest in a short-term deposit account

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.