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1. Which of the following statements is correct?
A.Management accounting systems provide information for use in fulfilling legal requirements.
B. Management accounting systems provide information for the use of decision-makers within an organisation.
C. Management accounting systems provide information for use by shareholders.
D. Management accounting systems provide information for use by tax authorities.(2 marks)
2. Which TWO of the following would be data rather than information?
A.Sales increase/decrease per product in last quarter
B.Total sales value per product
C.Total material usage
D.Sales staff commission as a percentage of total sales.
