Which of the following are key influences on management accounting systems?
i.Increased globalisation
ii.Computerised production systems
iii.The number of employees
iv.Supply chain management
A) i,ii and iv
B) ii,iii and iv
C) i,iii and iv
D) i,ii,iii and iv

Question

Quizplus · Accepted Answer

Increased globalisation affects the markets, competition and tax laws in which companies operate, therefore influencing the design of management accounting systems. Computerized production systems automate processes and generate large amounts of data, which require new management accounting techniques to be implemented. Supply chain management impacts the cost structure and the allocation of resources, which also requires changes in management accounting systems. The number of employees does not have a direct influence on management accounting systems, therefore option iii is not correct.

Which of the Following Are Key Influences on Management Accounting