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Question 7 15 Points QUESTION 7 - FINANCE a) Discuss the principal ways in which a manufacturing organisation may be able to take into account all other significant costs associated with its activities that do not fall under the direct costs classification in order to be able to ensure that its income may exceed its outgoings Highlight any advantages/disadvantages associated with any approach you may identify and indicate any particular operating conditions that may support the application of any certain method should they exist (12 marks) Maximum 800 words Identity and briefly explain the principal reasons as to why it is important that companies are able to identity and understand their material stock values (3 marks) Maximum 200 words b) (Total 15 marks) Please type your answer directly into the Test Answer Editor, do not upload images or documents as your answer to Question 7 Use the editor to formot your answer Question 7 15 Points QUESTION 7 - FINANCE a) Discuss the principal ways in which a manufacturing organisation may be able to take into account all other significant costs associated with its activities that do not fall under the direct costs classification in order to be able to ensure that its income may exceed its outgoings Highlight any advantages/disadvantages associated with any approach you may identify and indicate any particular operating conditions that may support the application of any certain method should they exist (12 marks) Maximum 800 words Identity and briefly explain the principal reasons as to why it is important that companies are able to identity and understand their material stock values (3 marks) Maximum 200 words b) (Total 15 marks) Please type your answer directly into the Test Answer Editor, do not upload images or documents as your answer to Question 7 Use the editor to formot your