Aat level 2 flashcards - Study guides, Class notes & Summaries

Public Sector - correct answer Comprises organisations accountable to and controlled by central or local government (the state) Bookkeeping - correct answer Mechanistic routine by which the financial transactions of a business are processed and recorded. Must be effective, efficient and secure. Management accounting - correct answer Not legal requirement, provides financial information at a time, suitable for purpose of planning and controlling the business. Financial acc...