QUESTION: 77

You are a Management Accountant working for a logistics firm that wants to build collaborative relationships with each of its key clients.

Which of the following changes to the management accounting function would you recommend to help the development of collaborative partnerships with a client?

Select ALL that apply.

Open book management accounting in which the client can see the profits your firm makes from the relationship.
Relocation of some management accounting staff from yourOrganizationinto the offices of the key clients.
Management accounting staff from yourOrganizationshould be made available to the key clients to facilitate joint problem-solving.
Recruitment of management accounting staff from the key clients to improve shared understanding.
Close monitoring of service level agreements to ensure yourOrganizationprovides the minimum service specified.

Answer(s): A,B,C

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QUESTION: 78

DRAG DROP (Drag and Drop is not supported)

TTT is a conglomerate with two divisions, AAA and BBB. Advise TTT on the most appropriate strategy to adopt for each division.

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Answer(s): A

Explanation:

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QUESTION: 79

Which TWO of the following are economic factors?

Change of government
Interest rates
Obsolescence
Exchange rates
Demographic change

Answer(s): B,D

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QUESTION: 80

DRAG DROP (Drag and Drop is not supported)

MNO has decided to widen the scope of its performance measurement by constructing and using a Balanced Scorecard. MNO has established a range of Key Performance Indicators (KPI's) for use within its Balanced Scorecard.

Place each of the Balanced Scorecard perspectives against the most relevant KPI.

See Explanation section for answer.

Answer(s): A

Explanation:

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