Because Management Account is useful for the future and may be use for any business currency.
Decision making is the main task of the management function i.e. planning. without the decision making it is very tough to decide what to do and where is to do. Planning is just a blueprint of the future planning but decision making is not very easy task it is very wide in itself. In case of the lack of the decision making it is not possible to fulfill your planning. for the accomplished of the desire outputs perfect decision making is very necessary. In short, decision making is the primary function of the planning as well as useful for the maintain management.
A RAID log is a useful tool for project management that helps track Risks, Assumptions, Issues, and Dependencies. To effectively utilize a RAID log, regularly update it with relevant information, prioritize items based on their impact, and use it to inform decision-making and mitigate potential risks throughout the project.
A computer is an essential part in the office and in every home in this modern era. It is useful for communication, maintaining a client list, writing letters, faxing, transfer of documents and files, managing accounts the list is endless......
A quantitative approach is always dealing with a quantity or numbers of some sort to prove a point. With the use of quantitative approach we improve our decision making power. It is especially useful in planning and control.
database is collection of table...i.e it is collection of record or data.it is more useful than file management system....
Decision making is the main task of the management function i.e. planning. without the decision making it is very tough to decide what to do and where is to do. Planning is just a blueprint of the future planning but decision making is not very easy task it is very wide in itself. In case of the lack of the decision making it is not possible to fulfill your planning. for the accomplished of the desire outputs perfect decision making is very necessary. In short, decision making is the primary function of the planning as well as useful for the maintain management.
decision accounting
Because one of the references needed in decision making, may it be; to expand, to improve, to acquire, to drop or to position, is: accurate and reliable information.
useful in teams where decision dont come easy when tea members try to establish themselves
All of the above
One quality that makes accounting good for decision making is the fact that it is reliable. Another reason accounting is good for decision making is the fact that the numbers have to be consistent, so it is easy to interpret.
Marginal costing is one of the technique of costing and is usefull for the decision making process. As in decision making process decision are always made for the future activities and not for past activities so if exept marginal costing any other costing method for example absorption costing method is used then there is a chance of making wrong decisions as in future decision making past decision and past data is not relevent for decision making.
Scrum is an iterative method of product development and project management. Scrum methodology is highly useful in projects which involve uncertainty. Its approach to planning and managing projects is by bringing decision-making authority to the level of operation properties and certainties useful link: http://www.scrum-master.info
Objective: This course aims at introducing the student to how useful accounting information is prepared, and how it is effectively used, for the purpose of decision-making.Course content: Overview and introduction to management accounting Cost Concepts, Classifications, Terminology and behavior, Job costing and Activity Based Costing, inventory Costing and Capacity Analysis, Cost-Volume-Profit Analysis, Short-term Decision-Making and Relevant Costing, Long-term Decision Making, Pricing Decisions, Master Budget and Flexible Budgeting and variance analysis.
useful management information
Accounting aims to provide useful information for decision-making. For information to be useful, it must be trusted. Trustworthiness of information demands ethics in accounting.
DSS