Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA MA – FIA FMA › Monthly variance report and accounting for Inventory
- This topic has 3 replies, 2 voices, and was last updated 6 years ago by John Moffat.
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- June 13, 2018 at 2:30 am #458538
Hello sir
Could you please clarify the answers to the following questions please.Q. Monthly variance reports are an example of which type of management information?
I put the answer down as operational which was correct with the Kaplan book. However the same question in BPP exam kit (Q1.6) the answer is tactical . Which one do I use for answer?
Also for Q 6.22 (BPP) could you please go over the answer in a more simple Way, I do not get why in the answer they have got receipts from 12 Jan when the information they have given in the question is only issues and opening balance . ( sorry for the weird explanation. )
Thanks
June 13, 2018 at 8:32 am #4585711. Tactical and operational both mean the same thing 🙂
2. There is a mistake in the typing of the question – the 400 on 12 January should have been written as a receipt and not as an issue. The answer should now make sense 🙂
(If you are still unsure, then do ask again but have you watched my free lectures on this? The lectures are a complete free course for Paper F2 and cover everything needed to be able to pass the exam well.)June 13, 2018 at 12:50 pm #458610Thank you for your quick reply, it all makes much more sense Now, and I have watched every video lecture, keep up the good work
June 13, 2018 at 4:05 pm #458631You are welcome, and thank you for your comment 🙂
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