answersLogoWhite

0

Management accounting helps managers determine where their departments can be improved. Accounting reports help managers know what weaknesses exist in their processes.

User Avatar

Wiki User

11y ago

What else can I help you with?

Related Questions

1 What is the nature and scope of accounting?

What is management accounting ?Explain the nature and scope of management accounting management accounting is a part of accounting which is used for decision making lik in the organisation these decision makers prepare cash flow statement wich helps in forcasting the future profit of the organisation


Discuss the nature and scope of management accounting?

difine the nature and scope of management accounting?


Explain Nature and scope of educational management?

what is the nature and scope of educational management


Nature and scope of management accounting?

The scope of management accounting is to aide management of a particular company with enough information to take critical decisions. Nature of management accounting includes coverage of day to day expenses, research and development, and current market scenario.


Explain cost center in the context of Cost Management Accounting?

Explain cost center in the context of cost accounting


Explain the nature and Scope of Strategic cost management?

sdfsdf


How does management accounting differ from cost accounting?

Management accounting includes both financial and cost accounting, tax planning and tax accounting. Cost accounting, on the other hand, does not include financial accounting, tax planning and tax accounting.


Computerized accounting system as an aid to efficient management of an organization?

1.6 scope and limitation of the study:


Can you explain the nature and scope of the product or service management function?

bush


Financial accounting of Scope?

scope of accounting with answer some points?


What is the Nature and scope of management accounting?

It has to do with Strategic Management. That is: the way in which the managers plan, coordinate, and lead, etc.; in order to gain and maintain competitive advantage.


What component transfers the image to the paper in a laser printer?

1= Limitations of basic records:- Management accounting derives its information from financial accounting,cost accounting and other records. the strength and weakness of the management accounting,therefore, depends upon the strength and weakness of the records. 2= wide scope:- Management accounting has a very wide scope incorporating many disciplines.It considers both monetary as well as non-monetary factors.this all brings in exactness and subjectivity in the conclusion obtained through it.