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    PracticeACCAACCA MA — Management Accounting Practice Exam 3Question 01
    Easy2 marksMultiple Choice
    Nature and Purpose of Management InformationSyllabus AManagement Information

    ACCA · Question 01 · Nature and Purpose of Management Information

    Section A

    GlobalHealth NGO is evaluating the effectiveness of its recent vaccination drive in rural communities. The management team requires information to assess whether the strategic objectives were met. Which of the following best describes the nature of the information required by the management team?

    Answer options:

    A.

    Tactical information, which is short-term, highly detailed, and generated entirely from internal operational logs.

    B.

    Strategic information, which is typically long-term, highly summarized, and often incorporates external data.

    C.

    Operational information, which is real-time, highly granular, and used by frontline health workers.

    D.

    Statutory information, which is prepared strictly according to international financial reporting standards.

    How to approach this question

    Identify the level of management (management team assessing strategic objectives) and match it to the characteristics of information (strategic: long-term, summarized, external).

    Full Answer

    B.Strategic information, which is typically long-term, highly summarized, and often incorporates external data.✓ Correct
    Information used to assess strategic objectives is classified as strategic information. It is typically summarized, forward-looking or long-term in its evaluation, and often includes external variables (like community health metrics) rather than just internal financial data.

    Common mistakes

    Confusing tactical (middle management/medium-term) with strategic (top management/long-term).
    All questionsQuestion 02

    Practice the full ACCA MA — Management Accounting Practice Exam 3

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