Comparison of different types of financial statements and their appropriateness for different types of business.

Comparison of different types of financial statements and their appropriateness for different types of business..

Task 2

For your selected organisation, use financial and management accounting techniques to explain, record and interpret financial data, financial statements and preparation of budgets. Your response should feature:

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 Comparison of different types of financial statements and their appropriateness for different types of business.

 Explanation and application of management accounting techniques to classify and calculate costs; to prepare budgets for your selected organisation. In your response, you should:  classify different types of cost

 use different costing methods for your calculations

 select appropriate budget methods for preparation of a budget 

 

 

Comparison of different types of financial statements and their appropriateness for different types of business.

 
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