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What is Limitations of Managerial Accounting about?

Management accounting assists managers in directing operations, provides information to internal and external stakeholders, and assesses competitive position. It aims to supply information for decision making, planning, and control procedures. However, limitations include that techniques supplement but do not replace administration, changes may be resisted, and past data impacts reliability of decisions. The document identifies objectives, scope, and limitations of management accounting.

Author

Xercex Balajadia

Language

EN