Tag (SQ): Cost Efficiency

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FM – L2 – Q49 – Sources of finance: equity

Discuss benefits of Public Private Partnerships (PPP) to government, citizens, and private sector in Zamora.

(a) Discuss the benefits of PPP to the government, citizens, and private business partners.

(b) Public partnership is an alternative to PPP. Explain Public-Public Partnership and Discuss the advantages of Public-Public Partnership (PUP).

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MA – L2 – Q9 – Models of evaluation Quality

Distinguish between cost control and cost reduction, and discuss the emphasis on cost reduction in management accounting training.

It has been suggested that much of the training of management accountants is concerned with cost control whereas the major emphasis should be on cost reduction.

Required:
(a) Distinguish between cost control and cost reduction;
(b) Discuss the proposition contained in the statement.

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