ACCA Applied Knowledge · Management Accounting · Presenting information
When designing a table to present management information to senior managers, which feature is most consistent with good practice?
Good practice is to give the table a clear title, labelled rows and columns and stated units of measure. This makes the information easy to understand. Overloading it, mixing units or omitting totals reduces its usefulness to senior managers.
- AInclude every available data item to avoid omissions
- BGive a clear title, labelled rows and columns, and units of measureCorrect
- CUse different units in each column to preserve original data
- DOmit totals so managers calculate their own
Explanation
Good tables have a clear title, labelled headings, stated units and relevant totals, and should not be overloaded. Including everything makes the table hard to read, mixed units confuse users, and omitting totals reduces usefulness.
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