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    PracticeACCAACCA MA — Management Accounting Practice Exam 6Question 01
    Easy2 marksMultiple Choice
    The nature, source and purpose of management informationArea ANature of InformationStrategic Planning

    ACCA · Question 01 · The nature, source and purpose of management information

    Section A

    Global Wildlife Trust, an international NGO, is deciding whether to expand its conservation efforts into a new continent over the next five years.

    Which level of management information is primarily required for this decision?

    Answer options:

    A.

    Operational information

    B.

    Tactical information

    C.

    Strategic information

    D.

    Statutory information

    How to approach this question

    Identify the time horizon and scope of the decision. A 5-year continental expansion is a long-term, high-level decision, which requires strategic information.

    Full Answer

    C.Strategic information✓ Correct
    Management information is categorized into strategic (long-term, senior management), tactical (medium-term, middle management), and operational (short-term, front-line management). Expanding into a new continent over five years is a strategic decision.

    Common mistakes

    Confusing strategic with tactical information.
    All questionsQuestion 02

    Practice the full ACCA MA — Management Accounting Practice Exam 6

    38 questions · hints · full answers · grading

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