(a) Why cant external users rely on management accounting information to help them with decision making?

(b)The Conceptual Framework outlines a number of enhancing qualitative characteristics which financial information should have. List the enhancing qualitative characteristics and briefly explain their collective purpose.

(c) Two common errors made when undertaking transaction analysis in a worksheet are transposition errors and single entry errors. Explain whether one or both of these errors would be detected as the worksheet is completed and totalled.