Question: B1. Elegant Constructions is a construction company which was established in the year 2018. The company was involved in the construction of excellent quality buildings
B1. Elegant Constructions is a construction company which was established in the year 2018. The company was involved in the construction of excellent quality buildings which had aesthetic elevations and appearance. Elegant Constructions became popular in Rustaq region in the Sultanate of Oman. Mr. Aadil is the founder and owner of the company. The company has HR, Purchasing, Project, Engineering, Financial, and Marketing departments. Mr. Aadil wants to appoint a management accountant so that the management accountant will perform a series of tasks to ensure their company's financial security by handling essentially all financial matters and thus helping to drive the business's overall management and strategy. Answer the following questions: A. According to you, what will be the FIVE most important functions that the newly appointed management accountant will have to perform in this construction company which is the developing phase? Explain those functions with appropriate examples (5 Marks) B. What will the FIVE most important reports that the management accountant will have to submit to Mr. Aadil? Explain and Justify with suitable examples
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