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Kit Question

Forums › FIA Forums › MA2 Managing Costs and Finance Forums › Kit Question

  • This topic has 2 replies, 2 voices, and was last updated 11 months ago by maximus07.
Viewing 3 posts - 1 through 3 (of 3 total)
  • Author
    Posts
  • July 11, 2021 at 7:50 am #627418
    maximus07
    • Topics: 374
    • Replies: 379
    • ☆☆☆☆

    The management accountant of X Co has written a report assessing the cost savings that could be made if the company was to invest in new technology.
    In which area will the report primarily aid the management of X Co?
    A. Budgeting
    B. Control
    C. Decision-making
    D. Monitoring

    Answer is C. Why it is not B?
    Cost can be control as the report is regarding cost savings. Definitely decision would be based on cost control purposes. Please explain.

    July 11, 2021 at 2:42 pm #627449
    Ken Garrett
    Keymaster
    • Topics: 10
    • Replies: 9977
    • ☆☆☆☆☆

    The company does not yet have new technology so is presumably trying to decide if that is worthwhile.

    July 14, 2021 at 12:43 pm #627699
    maximus07
    • Topics: 374
    • Replies: 379
    • ☆☆☆☆

    Thank you sir.

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    Posts
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