Question 2
[Maximum number: 20]
Advise Idir on what accounting data he should use to help him develop a new business strategy for PI to sell pet insurance.
[20]
CAIE A-Level Business 10.4.1 Accounting Data for Strategic Decisions
Practise selecting financial statements and annual-report information for a strategic question and evaluating whether historical accounting evidence is sufficient for advice.
How this is tested
- identify the statement, ratio or annual-report section that directly informs the strategic issue
- evaluate usefulness against historic data, accounting policy, missing forecasts and qualitative factors