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What is Understanding Management Accounting Basics about?

Management accounting provides economic information to managers to help achieve organizational goals. It uses both financial and non-financial quantitative and qualitative data from financial accounting and cost accounting systems. The primary objective of management accounting is to provide necessary information to management for planning, controlling, performance evaluation, and decision-making. It prepares reports exclusively for management use. Principles of both cost accounting and financial accounting

Author

rohan

Language

EN