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Which of the Following Management Accounting Techniques Are Likely to Be

question 54

Multiple Choice

Which of the following management accounting techniques are likely to be employed for decision making in an environmental management accounting system?
i.Capital investment decisions
ii.Business process re-engineering
iii.Service department allocations
iv.Balanced scorecard
v.Make and buy decisions


Definitions:

Fixed Assets

Long-term tangible assets used in the operations of a business that are not expected to be converted into cash in the near future.

Sales Increase

A rise in the volume or value of product units or services sold by a company, indicating growth in business activity.

Retention Ratio

The proportion of net income that is retained in the business rather than distributed to shareholders as dividends.

Dividend Payout Ratio

A financial indicator showing the proportion of a company's profits distributed to its shareholders as dividends.

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