Accounting for Management Flashcards by Tom Evans

Q

P.5 - Good information is:

A

Accurate
Complete
Cost effective
Understandable
Relevant
Authoritative
Timely
Easy to use

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Q

P.8 - Key elements of mission statement:

A

Purpose
Strategy
Policies and culture
Values

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Q

P.11 - Planning stage aims and objectives should be:

A

SMART
- Specific
- Measurable
- Achievable
- Relevant
- Timed

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