Itâs clearly about how the cycles/modules work, in terms of who entered what. How was the information used. also got bits on 3 external users of accounting information.
As the marking criteria shows, you need to explain it for the 4 modules (70%) of marks â 3 good examples â another 15%
it needs to be explanations not copying diagrams from books Answer using the marking criteria
With reference to the following modules explain who within the organisation will be likely to enter the data into the systems and how the information that comes out of the system will be used.
⢠Financial Accounting (FI)
⢠Controlling (CO) â Management Accounting
⢠Materials Management (MM)
⢠Sales and Distribution (SD)
Information is also used outside the organisation to benefit the smooth and efficient running of the business. Can you give 3 examples where this might occur, explaining how it helps and who uses the information.
Planning and structure (5%) E G S I
Explanation of the FI Module (20%) E G S I
Explanation of the CO Module (20%) E G S I
Explanation of the MM Module (15%) E G S I
Explanation of the SD Module (15%) E G S I
Examples of External uses (15%) E G S I
Standard of presentation and referencing (10%) E G S I
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