Financial accounting primarily focuses on providing information to external users for reporting purposes.

IAS 2 deals specifically with the accounting treatment for inventories, including their valuation and cost flow assumptions.

Marginal costing focuses on variable costs and their impact on decision-making.

The primary focus of marketing management is customer satisfaction, ensuring that products meet customer needs.

The primary focus of marketing is customer satisfaction, ensuring that products and services meet customer needs.

Operational planning focuses on the day-to-day operations and activities necessary to achieve strategic goals.

PESTLE analysis focuses on Political, Economic, Social, Technological, Legal, and Environmental factors that impact a business.

Relationship marketing focuses on building long-term customer loyalty rather than just maximizing short-term sales.

Strategic management focuses on long-term organizational goals and the overall direction of the company.

Strategic planning focuses on setting long-term goals and determining the direction of the organization.

The accrual basis of accounting focuses on recognizing revenue when earned and expenses when incurred, regardless of cash flow.

TQM focuses on continuous improvement in quality to enhance customer satisfaction.

The primary focus of variance analysis is to identify the reasons for deviations from the budget, helping management make informed decisions.

The primary focus of working capital management is ensuring liquidity and operational efficiency.

The primary function of human resource management is to recruit, train, and develop employees to meet organizational needs.

The primary function of management is planning, which involves setting objectives and determining a course of action for achieving those objectives.

The organizing process involves coordinating resources and tasks to achieve the objectives set during planning.

The primary goal of a marketing audit is to assess the effectiveness of current marketing strategies and identify areas for improvement.

The primary goal of human resource management is to enhance employee performance and ensure that the organization has the right talent.

The primary goal of managing working capital is ensuring liquidity and operational efficiency.

Market segmentation aims to identify specific customer needs to tailor marketing strategies effectively.

The primary goal of marketing management is to create value for customers and ensure their satisfaction.

The primary goal of marketing is to create customer satisfaction by meeting their needs and wants.

The primary goal of strategic planning is to ensure long-term sustainability and growth by aligning resources and actions with the business environment.

Strategic planning is aimed at defining a company's long-term goals and determining the best approach to achieve them.

Cost control aims to minimize costs while maintaining the desired level of output.

The primary objective of entrepreneurship is to create new business opportunities and innovate.

A business environment analysis helps identify external factors such as economic, social, and political influences that can impact the organization.

A business plan serves multiple purposes, including securing funding, outlining business goals, and attracting partners.

A business plan outlines business goals and the strategy to achieve them.