Task 3 - Information Leaflet Extension activities: To gain a merit grade you must produce an information leaflet for the Chamber of Commerce to distribute to the members. The leaflet should assess the...

Extracted text: Task 3 - Information Leaflet Extension activities: To gain a merit grade you must produce an information leaflet for the Chamber of Commerce to distribute to the members. The leaflet should assess the following: The impact of 'creative accounting' techniques when making strategic decisions. The limitations of ratio analysis as a tool for strategic decision making. The importance of cash flow management when evaluating proposals for capital expenditure. To gain a distinction grade you must prepare an additional section for the leaflet that: Recommends, with justifications, methods and tools that allow businesses to analyse financial data for strategic decision making purposes.