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1.1 Identify which of financial accounting, cost accounting and management accounting relates to each of the following: Cost control Preparing budgets and forecasts Presenting financial

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1.1 Identify which of financial accounting, cost accounting and management accounting relates to each of the following: Cost control Preparing budgets and forecasts Presenting financial activity and position 1.2 Both the finance function and the marketing function have the maximisation of shareholder wealth as a core purpose. Explain how each of the two functions creates shareholder wealth in a different manner. (2)

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