This question relates to the operational aspects of the business and the role of management accounting within the organisation where you are currently employed or have worked in the past, which will be referred to as "your organisation".

Business operations comprise the primary line of business or core activities of your organisation, such as the sale of laptops and electronic products, clothing manufacturing or the provision of transportation services.

Required:

Briefly describe your organisation's business operations. Give 3 specific examples on how you can use management accounting information in your work.

OR:

Briefly describe your organisation's business operations. Give 3 specific examples on how the management of your organisation can use management accounting information to plan, control or make decisions within the business.

Note:

In your answer, you are required to relate the use of management accounting information in your organisation instead of discussing general uses.

Answer rating: 100% (QA)

I worked for an ecommerce company specializing in the sale of electronic gadgets and accessorie... View the full answer