For your selected organization, use financial and management accounting techniques to explain, record and interpret financial data, financial statement and preparation of budgets. Your response should feature: - Comparison of different types of financial statement and their appropriateness for different types of business. - Explanation and application of management accounting techniques to classify and calculate costs; to prepare budgets for your selected organization. In your response, you should: • classify different types of cost • use different costing methods for your calculations • select appropriate budget methods for preparation of a budget
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