(a) What is Management Accounting? What are the objectives of Management Accounting? [4 marks]

(b) Differentiate financial Accounting and Management Accounting? [4 marks].

(c) Capital Budgeting is a long-term planning for making and financing proposed capital outlays Write a note on capital budgeting process [4 marks]

(d) Define the term working capital. What factors would you take into consideration in estimating working capital needs of a concern? [4 marks]

(e)Explain the different methods of preparing cash budget [4 marks]

(f) Explain the internal sources of finance used by the business to raise funds [4 marks]