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John is considering becoming a management accountant in industry. His friend, Penny, is already a financial accountant in the same industry. He is asking her

John is considering becoming a management accountant in industry. His friend, Penny, is already a financial accountant in the same industry. He is asking her for advice on a typical day in the office. Why is it probably not a good idea to consult Penny in this matter?


Thabo is preparing a business plan for a clothing manufacturing enterprise. He has considered raising capital to buy the equipment from different sources however he is unsure how to structure his business. Please advise Thabo on his options and how he could go about it.

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