What is the purpose of an Operating and Financial Review (OFR)?

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Joseph has just started his first job in an accountancy department. A qualified senior member of staff explains to him what the main aim of accounting is. Which of the following options is the correct aim of accounting?

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Which of the following statements about accounting information is incorrect?

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In a typical finance function, preparation of budgets and budgetary control would usually be the responsibility of which of the following roles?

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Three of the following are outputs of a payroll system, and one input to the system. Which is input?

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Which of the following is an aim of the control system relating to accounts payable and purchases?

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Which of the following does company law require a statement of financial position to give?

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The following, with one exception, are areas in which an integrated accounting software package has advantages compared to a series of separate (stand-alone) dedicated programs. Which is the exception?

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A is a program which deals with one particular part of a computerised business accounting system.Which of the following terms correctly completes this definition?

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All the following, with one exception, are examples of advantages of a computer-based accounting system over a manual system. Which statement is the exception?

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A spreadsheet software application may perform all of the following business tasks except one. Which one of the following is the exception?

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The preparation and filing of accounts by limited companies each year is required by which of the following?

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All the following statements except one are examples of the advantages that a computer-based accounting system used by a management accountant has over a manual system.Which statement is the exception?

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____Systems pool data from internal and external sources and make information available to senior managers, for strategic, unstructured decision-making.Which word or phrase correctly completes this sentence?

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All the following statements except one describe the relationship between data and information. Which one is the exception?

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Mr Smith has a limited income which restricts the number of different goods he can buy. Which one of the following best describes the position at which Mr Smith's utility from purchasing different goods is maximised?

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Which of the following terms is not used by Mintzberg in his description of organisational structure?

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Which of the following principles of classical management is challenged by matrix management?

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Which of the following statements about the informal organisation is not true?

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Which one of the following is an advantage of centralisation?

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