(c) Explain the term ‘target costing’ and how it may be applied by GWCC. Briefly discuss a
(c) Explain the term ‘target costing’ and how it may be applied by GWCC. Briefly discuss any potential
limitations in its application. (8 marks)
(c) Explain the term ‘target costing’ and how it may be applied by GWCC. Briefly discuss any potential
limitations in its application. (8 marks)
2 (a) Explain the term ‘backflush accounting’ and the circumstances in which its use would be appropriate.
(6 marks)
(d) Explain the term ‘environmental management accounting’ and the benefits that may accrue to organisations
which adopt it. (4 marks)
(c) Explain how the introduction of an ERPS could impact on the role of management accountants. (5 marks)
A.port of shipment
B.port of origin
C.port of destination
D.port of loading
A.term of
B.under the terms of
C.come to terms with
D.in terms of
(c) Explain how the use of activity-based techniques may benefit Taliesin Ltd. (5 marks)
A.Hijacking
B.Spoofing
C.Spamming
D.Brute force
A.The students
B.The words
C.The teacher
D.Many of them