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BA2: Fundamentals of Management Accounting > Context of Management Accounting > Flashcards

Context of Management Accounting Flashcards

1
Q

CIMA has a Code of Ethics that members and students are required to comply with. The 5 fundamental principals are…

A 
Integrity
Objectivity
Professional Competence and Due Care
Confidentiality
Professional Behaviour
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2
Q

Organisations are usually split into three levels…

A

Strategic
Tactical/Managerial
Operational/Functional

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3
Q

The characteristics of good information are…

A 
Accurate
Cost Beneficial
Complete
Understandable
Relevant
Authoritative
Timely
Easy to use
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BA2: Fundamentals of Management Accounting (15 decks)

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