ACCA Applied Knowledge · Management Accounting · Accounting for management
Which of the following BEST describes the role of management information in tactical rather than strategic or operational decision-making?
Tactical information helps middle managers allocate resources and monitor a department's performance against budget over the medium term. Setting long-term objectives is strategic, daily job scheduling is operational, and tax reporting is an external statutory requirement.
- AAllocating resources and monitoring performance of a department against its budget over the coming monthsCorrect
- BSetting the long-term mission and objectives of the whole organisation
- CDeciding which individual customer order to process next today
- DReporting the year-end profit to tax authorities
Explanation
Tactical information supports middle managers in deploying resources and controlling performance over the medium term. Long-term objectives are strategic, daily scheduling is operational, and tax reporting is external.
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