Question

Which of the following is not a Business Management Support role of the Accounting/Finance Function in Business?

A. Management information
B. Planning, budgeting and forecasting
C. Financial consolidation, reporting and analysis
D. Investment appraisal

Answer 1

D. Investment appraisal

The Accounting/Finance Function in Business does not include Investment appraisal as a Business Management Support role.

Step-by-step explanation:

The correct answer is D. Investment appraisal is not a Business Management Support role of the Accounting/Finance Function in Business.

Businesses use investment appraisal to evaluate potential projects and determine their profitability and feasibility.

However, while investment appraisal is an essential function of the finance department, it falls more under the category of financial analysis and decision-making rather than pure business management support.