Mailings Review View Help Foxit PDF Table Design Layout Question 5 - Concepts and Principles (4 marks) Lucyvale Ltd operates in Victoria and produces various berries. Some berries are sold as eating berries, whilst others are dried. The business has two distinct divisions, one being Fresh Fruit and the other Dried Fruit. You have been employed as an accountant for the company. The financial accountant has shown you the general-purpose financial reports that he has prepared. He has told you that he is about to give these reports to the company's general manager. The general manager is then going to present the reports at a meeting with the divisional managers, where he will discuss the performance of each division. Using your knowledge of financial and managerial accounting, general and specific purpose financial reports and various users of accounting information, advise the financial manager as to the approach they should adopt to meet the requirements of each of the divisions. (Answer is expected to be expressed in your own words) Start your answer here: ot