The impact of 'creative accounting' techniques when making strategic decisions.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Task 3
Information Leaflet
Extension activities:
To gain a merit grade you must produce an information leaflet for the Chamber of
Commerce to distribute to the members. The leaflet should assess the following:
The impact of 'creative accounting' techniques when making strategic
decisions.
The limitations of ratio analysis as a tool for strategic decision making.
The importance of cash flow management when evaluating proposals for
capital expenditure.
To gain a distinction grade you must prepare an additional section for the leaflet that:
Recommends, with justifications, methods and tools that allow businesses to
analyse financial data for strategic decision making purposes.
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