Question: The term which refers to management being held responsible for those items, and only those items, tha management can actually control: O a. Control accounting

The term which refers to management being held responsible for those items, and only those items, tha management can actually control: O a. Control accounting O b. Control budgeting O c. Personal accounting O d. Responsibility accounting In time value of money investment decision initial outlay refers to O a. Cash inflow b. Cash outflow Oc Cash deposited for interest return O d. the number of years required to recover the initial investment List and briefly explain ANY 4 financial statements and reports. 4x3 = 12 marks

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