Question

1.
What is Management Accounting?​

Answer 1

$✰\mathbb{ANSWER}$

Management Accounting is a process of preparing a management report and accounts that provides accurate and timely financial information to the management to decide further course of action about the business.

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Answer 2

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Managerial accounting is the process of “identification, measurement, analysis, and interpretation of accounting information” that helps business leaders make sound financial decisions and efficiently manage their daily operations, according to the Corporate Finance Institute.

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