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HI5017: Identify the various types of management accounting information, specifically, 4 financial and 4 non-financial: Managerial Accounting, Group Assignment, HID, UK

Part B

1. Identify the various types of management accounting information, specifically, 4 financial and 4 non-financial in the article and present your answer in a table format.

  1. Choose any two concepts listed below and describe how they are implemented in Tesla Company.
  • Strategic Planning: Describe how Tesla applies strategic planning in its operations.
  • Costing: Explain how Tesla utilizes costing methods in its business processes.
  • Sustainability: Discuss how Tesla integrates sustainability practices into its operations.
  • Value Creation: Describe how Tesla focuses on creating value for its stakeholders.

Value Chain: Explain how Tesla manages and optimizes its value chain to enhance efficiency and create value for its customers.

3. Provide two lessons management accountants can gain from studying Tesla Company’s approach and practices.

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