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A company wants to buy a machine that will have a useful life of 10 years. The company wishes to spread payments for the machine over its useful life. What is the MOST SUITABLE way to finance this purchase?

A. Bank account overdraft
B. Issue shares in the company
C. Purchase on company credit card
D. Loan from the bank

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Which of these answers shows the correct order of processes to follow to forecast sales revenue?(i) Average seasonal variation (ii) Actual = Trend + Seasonal variation (iii) Trend using three-point average(iv) Seasonal variation for each quarter

A. (i) (iv) (ii) (iii)
B. (iii) (i) (iv) (ii)
C. (iii) (iv) (i) (ii)
D. (ii) (iii) (i) (iv)

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Which of the following is NOT a characteristic of useful management information?

A. It should be timely
B. It should be user-targeted
C. It should be detailed
D. It should be complete

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Which TWO of the following are true?

A. Management accounts are a legal requirement
B. Financial accounts are prepared for internal decision-making
C. Financial accounts reflect activities of the whole business
D. Management accounts are used for future planning

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There is a legal ratio required of nursery nurses to children. Which of the following examples fits the definition of a stepped cost in a nursery?

A. The telephone bill for the nursery
B. Nursery nurse payroll costs
C. Rent for the nursery
D. The food bill of the nursery

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A company wants to buy a machine that will have a useful life of 10 years. The company wishes to spread payments for the machine over its useful life. What is the MOST SUITABLE way to finance this purchase?

A. Bank account overdraft B. Issue shares in the company C. Purchase on company credit card D. Loan from the bank

Which of these answers shows the correct order of processes to follow to forecast sales revenue?(i) Average seasonal variation (ii) Actual = Trend + Seasonal variation (iii) Trend using three-point average(iv) Seasonal variation for each quarter

Which of the following is NOT a characteristic of useful management information?

Which TWO of the following are true?

There is a legal ratio required of nursery nurses to children. Which of the following examples fits the definition of a stepped cost in a nursery?

A. Bank account overdraft
B. Issue shares in the company
C. Purchase on company credit card
D. Loan from the bank