An extensive busin - Study guides, Class notes & Summaries
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Chapter 6: The basics of business plans Questions and Answers with complete solution
- Exam (elaborations) • 14 pages • 2023
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Chapter 6: The basics of business plans Questions and Answers with complete solution
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Management Accounting Information for Creating and Managing Value Kim Langfield Smith 8th Edition - Test Bank
- Exam (elaborations) • 621 pages • 2023
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Chapter 01 Test Bank – Static KEY 
1. What type of accounting system is part of an organisation's management information system for internal use only? 
A. Financial accounting 
B. Management accounting C.Governmental accounting D. All of the given answers 
AACSB: Reflective Difficulty: Easy Learning Objective: 1.03 Describe the major differences between management accounting and financial accounting information Topic: Role of Management Accountant in Value Creation 
AACSB: Reflective 
Difficu...
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AAT Level 3 - Final Accounts Preparation Exam Questions with correct Answers
- Exam (elaborations) • 7 pages • 2022
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What types of organisations are there? (5) - ANSWER Sole Traders 
Partnerships 
Limited Liability Partnership 
Companies 
Not For Profit 
 
What are sole traders? - ANSWER A business owned and managed by one person 
 
What is a partnership? - ANSWER A business owned and managed by more than one person 
 
What is a limited liability partnership? - ANSWER A business owned and managed by more than one person but partners have limited liabaility 
 
What are companies? - ANSWER A business that is a ...
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