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ICAG Paper 1.4 Cost & Management Accounting Practice Questions - ICAG Level 1 Introduction To Cost & Management Accounting (Paper 1.4) Exam
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Question Number 5
In a commercial organisation, which activity is a core management accounting function?
Preparing a flexible budget and analysing cost variances
Issuing share certificates to new investors
Registering the company with the Registrar of Companies
Conducting the statutory external audit
✔ Correct Answer:
Preparing a flexible budget and analysing cost variances
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