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  2. Identify four users of Sainsbury’s Accounting Information and why each needs the Accounting Information-Identify and explain four main differences between Financial Accounting and Management Accounting

Identify four users of Sainsbury’s Accounting Information and why each needs the Accounting Information-Identify and explain four main differences between Financial Accounting and Management Accounting

Questions
1. Identify four users of Sainsbury’s Accounting Information and why each needs the Accounting Information (400 words)

2. Identify and explain four main differences between Financial Accounting and Management Accounting (400 words)

3. Explain the following four fundamental concepts of Accounting giving illustrations: i) Business Entity; ii) Going Concern; iii) consistency and iv) monetary value (400 words)

4. Distinguish between the two main types of Financial Statement by constructing sample formats from each (300 words


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