a) Explain the nature of the budgeting process and the interlinking of various budgets in an organisation in the context of management planning and communication.

b) Identify the appropriate classification of costs relating to a product or service and apply this understanding in Cost Volume Profit Analysis.

c) Evaluate the financial performance and financial position of an organisation.

d) Analyse internal financial information to inform decision making in a business context.

e) Present and structure analysis and arguments clearly in numerical and written form.

f) Construct and apply Excel spreadsheets as an aid to producing management accounting information and to depict this information graphically.