15 Questions
Which of the following is not covered in the subjects of Business studies?
Geography
In which country can Business studies be part of the General Certificate of Secondary Education (GCSE) option?
Ireland
At what level can Business studies be taken as part of a GCE Advanced Level (A-level) course?
Year 12 and Year 13
What is the primary focus of Business studies?
Business, Management, and Economics
Which country does not include Business studies as part of its curriculum?
India
What are the main elements that business studies combines?
Accountancy, finance, marketing, organizational studies, human resource management, and operations.
Name two countries where Business studies is taught under the name 'business studies.'
Mauritius, Oman
At what levels can Business studies be taken in England?
Year 9, Year 10, Year 11, Year 12, Year 13
What are the subjects covered in Business studies?
Business Organization, People in Business, Marketing, Operations & Production, Finance, and Strategic Management.
What is the purpose of teaching Business studies?
To give the student a general overview of the various elements of running a business.
What are the two management accounting principles mentioned in the text?
Principle of Causality and Principle of Analogy
What is the purpose of the Managerial Costing Conceptual Framework (MCCF)?
To help govern the management accounting practice and drive the classification of management accounting practices in the profession.
What is the core focus of management accounting principles (MAP)?
To serve the core needs of internal management to improve decision support objectives, internal business processes, resource application, customer value, and capacity utilization needed to achieve corporate goals in an optimal manner.
What problem does the Managerial Costing Conceptual Framework (MCCF) aim to solve?
To end decades of confusion surrounding management accounting approaches, tools and techniques and their capabilities.
Who are the customers of the management accounting principles?
The management of businesses.
Test your knowledge of business studies with this quiz covering principles of business, management, economics, accountancy, finance, marketing, organizational studies, human resource management, and operations.
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