Place 'Management accountant' or 'Financial accounant' next to each of the following statements according to which applies.

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Which of the following is NOT an element of the system development life cycle?

• A.Planning
• B.Analysis
• C.Review
• D.Implementation

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AB Company is currently the sole supplier of raw material to XY Company and has recently increased its prices. This has been highlighted by a raw material price variance in the management reports of XY Company, and in order to correct this the Finance Director has recommended that an alternative cheaper supplier be found as soon as possible. The Purchasing Department has indicated that only AB is able to supply all of the company's requirements and has been doing so reliably to a high quality on a just-in-time (JIT) basis for many years. Finding an alternative will involve purchasing from several unknown suppliers. Which of the following are possible consequences of this decision?
Select ALL that apply.

• A.Quality will decrease
• B.Administration costs will decrease
• C.Manufacturing costs will decrease
• D.Speed of production will increase
• E.Product profitability will increase
• F.Inventory levels will increase

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Cardboard box manufacturer Smurfat are giving their new employees an induction into the company's strategy.
They see this as a crucial stage of the induction process and have asked Terrance, the communications director, to take new employees through the strategy.
Which of the following should Terrance communicate to his new employees during their induction?
Select ALL that apply.

• A.Give new employees an idea of the work culture at Smurfat.
• B.Make Smurfat's disciplinary rules clear for the new employees.
• C.Explain what care and support Smurfat offers to new staff.
• D.Talk through the overall structure of the Smurfat.
• E.Explain the goals and motives of the Smurfat.

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Arrange the stages of the product life-cycle in the correct order.

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