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6. With regards to TWO of the management accounting terms listed below: a) Explain their
meaning. b) Describe any problems there may be in understanding the information. c) Give an
example of an organisation which might use the method i) Rolling budgets. ii) Planning and
operational variances. iii) Mix and yield variances. iv) Variance investigation. v) Management
by exception.

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6- With regards to TWO of the management accounting terms listed below.pdf

  • 1. 6. With regards to TWO of the management accounting terms listed below: a) Explain their meaning. b) Describe any problems there may be in understanding the information. c) Give an example of an organisation which might use the method i) Rolling budgets. ii) Planning and operational variances. iii) Mix and yield variances. iv) Variance investigation. v) Management by exception.