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Your Group Proposed to Use Management Accounting Technique to Assist with the Performance Measurement. Hence, Your Group Proposed Using the Balance Scorecards Approach As the Key Performance Indicator
BBMC1113 - Management Accounting
17 Pages • Essays / Projects • Year Uploaded: 2022
a) Introduce an overview of the company background, including the company's main business activities. b) Explain ANY FOUR (4) aspects of external factors that should be considered when assessing the company's performance. c) Explain the balanced scorecard approach and outline TWO (2) potential scorecard measures for each perspective that could link the company's mission to performance measurement? d) Based on the performance measurement stated in part (c), discuss how the pandemic of Covid-19 would affect the following: (i) the performance under financial perspective, with supporting calculation; (ii) the growth or innovation perspective. (24 marks) e) Identify the following for the chosen company : (i) ANY TWO (2) direct material; (ii) ANY TWO (2) direct labour; (iii) ANY ONE (1) Production overheads.
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