answersLogoWhite

0


Best Answer

Cost accounting is a vital management tool for effective management functions, such as, for manager to perform budgetary planning & controls and for decision making.

User Avatar

Wiki User

16y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is the importance of management accounting to a manager?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What do you call someone who works in accounting management?

An accounting manager.


Importance of records and information management programme?

importance of records to information manager


Importance of accounting ratios?

accounting ratio help management to predict the further income or the improvement in expenditure of an organisation. it guards management making the budget of the organisation.


Which subjects should you learn if you want to become a bank manager?

Accounting, business management.


Disadvantages of management accounting?

One disadvantage to management accounting is the fact that the manager may not be able to interpret the information about his or her department. Without understanding the reports, he or she will not be able to incorporate changes that makes the department better.


What are the importance of engineering management?

the engineering manager overlooks other engineers work if they work for them.


Is Management accounting starts where financial accounting ends?

Management accounting starts where financial accounting ends


Define 'Accounting' Distinguish between Financial Accounting and Management Accounting?

Define 'Accounting' Distinguish between Financial Accounting and Management Accounting


What are the importance of public sector accounting?

what is the importance of public sector accounting


Distinguish management accounting and cost accounting?

What is Dintinguish Management?


Cost accounting and management accounting?

Cost accounting is a subset of management accounting, although the two are used interchangeably.


What are the different fields of accountung?

1- Cost Accounting 2 - Financial Accounting 3 - Management Accounting