In this paper, you are to answer two (2) questions. Firstly, explain the different methods used for management accounting reporting. And in second question you are to explain management accounting. You are further required to provide important requirements for different types of management accounting systems.
Question 1: Explain the different methods used for Management Accounting Reporting?
Question 2: Explain Management accounting and give the essential requirements for different types of management accounting systems?
(You can choose a scenario according to your preference providing relevant examples.)
P1 Criteria met. You have been able to explain management accounting and give the essential requirements for different types of management accounting systems to the chosen scenario giving examples.
P2 Criteria not met. You have not explained the different methods used for management accounting reporting