answersLogoWhite

0


Best Answer

The functions of management accounting include: Budget control, ratio analysis, fund flow analysis and cash flow analysis. Management accountingâ??s main function is to collect accounting data which is useful for different managerial functions.

User Avatar

Wiki User

9y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: 1.9 Describe the different functions of management accounting?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Describe the components and interrelationships of different categories of accounting?

The main categories of accounting include financial accounting, management accounting, and cost accounting. Financial accounting focuses on recording and reporting financial information for external users. Management accounting provides financial information to internal decision-makers and helps in budgeting, planning, and decision-making processes. Cost accounting analyzes the cost of manufacturing a product or providing a service. These categories are interrelated as the information produced in financial accounting is used by management accounting for decision-making, and cost accounting employs the techniques and information provided by both financial and management accounting.


Define Human Resource Management and list and explain it's functions?

human resource management is the term used to describe formal system devised for the management of people within an organization. its functions are planning, staffing, directing, controlling and organising.


Describe experience in a management capacity?

There are many different experience in a management capacity that you could have. You describe these experiences collectively or individually for example.


Define managerial functions?

It is the functions which describe a managerial job and when put together, make up the management process. This process includes planning, organizing, staffing, directing and controlling.


Describe a management process?

describe the management process


Describe the uses of financial accounting?

describe various uses of financial statements


Explain the basic features of accounting principles also describe its concept?

feature of accounting princeple


Describe two functions of political parties within congress?

Describe two functions of political parties within congress


Describe the key elements of toal quality management?

what would best describe a quality management strategy?


What are the functions performed by retailers?

Describe that four functions performed by retailers?


Describe how an accurral accounting deferent fom cash accounting?

Accrual accounting records an expense/revenue in the period the transaction occurs. Cash accounting recognizes and expense/revenue when cash is exchanged.


What are Different types of firms?

If you are talking in business terms, the word "firm" may be used to describe a law firm, an accounting firm, or any other such practice.