Paper 7 Planning - Control and Performance Management
WARNING: The examiners deliberately try to avoid question spotting. Use the tips as areas to have a good look at, but remember that no-one knows what’s in the exam except the examiner. Your safest bet is to achieve good syllabus coverage in your revision, as the examiner aims to do in the exam.
Following are the important Topics for this attempt.
- Principles of cost accounting/collecting and analysing cost information
- Variance analysis
- Forecasting/time series
- Decision making scenario/cost management/performance indicators
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