Instructions

Alphabet Engineering Company is engaged in the manufacture of engines and gears for cable pulley systems. Listed below are transactions from the financial records of the company. Think about whether each of these transactions represents a cash inflow or a cash outflow from operating activities.

a)	Reports produced as frequently as required for the effective management of an organisation	Choose... Financial accounting reports Cost and management accounting reports
b)	Limited decision usefulness	Choose... Financial accounting reports Cost and management accounting reports
c)	Focuses on the future	Choose... Financial accounting reports Cost and management accounting reports
d)	Results presented in a rigid prescribed format	Choose... Financial accounting reports Cost and management accounting reports
e)	Internally focused	Choose... Financial accounting reports Cost and management accounting reports
f)	Content and presentation highly regulated	Choose... Financial accounting reports Cost and management accounting reports
g)	Focuses on individual transactions	Choose... Financial accounting reports Cost and management accounting reports
h)	Both financial and non-financial information	Choose... Financial accounting reports Cost and management accounting reports
i)	Summary of transactions	Choose... Financial accounting reports Cost and management accounting reports
j)	No comparability with reports of other organisations	Choose... Financial accounting reports Cost and management accounting reports
k)	Focused on external user groups	Choose... Financial accounting reports Cost and management accounting reports
l)	Information presented in a fluid format	Choose... Financial accounting reports Cost and management accounting reports
m)	Used in making costing and pricing decisions	Choose... Financial accounting reports Cost and management accounting reports
n)	High degree of comparability with current and previous reports for different organisations	Choose... Financial accounting reports Cost and management accounting reports
o)	Historical perspective, reporting on the past rather than planning for the future	Choose... Financial accounting reports Cost and management accounting reports
p)	Reports to shareholders and other interested parties	Choose... Financial accounting reports Cost and management accounting reports
q)	Information presented in the format most suited to the users of that information	Choose... Financial accounting reports Cost and management accounting reports
r)	Reports produced infrequently	Choose... Financial accounting reports Cost and management accounting reports

 

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