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This paper revolves around management accounting, you are required to explain Management accounting and provide the essential requirements for different types of management accounting system. Furthermore, you are supposed to elaborate different methods used for Management Accounting Reporting.
Question 1: Explain Management Accounting and give the essential requirements for different types of management accounting systems? (Choose a scenario of your choice and give required relevant examples.)
Question 2: Explain the different methods used for Management Accounting Reporting?
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