An organisation's value chain provides a framework for considering a range of management accounting issues such as: I Reinforcing initiatives such as activity based costing
II Breaking down traditional representations of organisational activity.
III Reflecting value chain relationships in terms of cost
IV Encourages a broader organisational view
A) I and II
B) I and III
C) II and IV
D) I, II, III, and IV

Question

Quizplus · Accepted Answer

The value chain framework helps in reinforcing initiatives like activity-based costing, breaking down traditional representations of organizational activity, reflecting value chain relationships in terms of cost, and encouraging a broader organizational view.

An Organisation's Value Chain Provides a Framework for Considering a Range