1. The plan, policies and decisions in any business firms are based on the information provided by the management accounts of the company. The information provided by management accounting is used mainly in the internal decision process i.e., by the people inside an organization who direct and control its operation. It helps managers in carrying out responsibilities and making decisions. It also integrates organizational strategies with the managerial and financial decisions. In the light of the above statement how can you say that the management accounting can be used widely to increase the financial and managerial efficiency of any organization? 2. To what extent do you agree or disagree with this core objectives of the managerial accounting? Justify your answer giving at least two most powerful real-life examples based on your own experience. 3. a. Financial ratios analysis is conducted by four groups of analysis: Managers, equity holders, long term creditors and short-term creditors. What is the primary emphasis of each of the groups in evaluating ratios? Explain. b. Mr. Chhetri is planning to run a super market and estimated capital requirement is 10 million for this investment projected and he is appointing you as financial consultant for this project. As a financial analyst, what are the major determinants you will consider while taking the financing decision for this project?