- 4 Marks
SCS – July 2023 – L3 – Q1b – Controlling Risk
Explain why FCA might be difficult to use for the HVSC discussion at SavvyTech.
Question
After the presentation of the SAM four-step approach to the management team, the Director of Finance and Operations made the following statement: ‘The data required for FCA is usually only available in organisations that are at the forefront in responding to the environmental agenda’ (Bebbington, Gray, Hibbitt, and Kirt, 2001).
Required:
Explain to the management team why it might be difficult to use FCA to support the ongoing discussion about the new product HVSC.
Find Related Questions by Tags, levels, etc.
- Tags: Environmental Data, Full-Cost Accounting, Product lifecycle, Risk Management
- Level: Level 3
- Topic: Controlling Risk
- Series: JULY 2023
