Question

3. Management Accounting relates to
a) Recording of accounting data
b) Recording of costing data
c) Presentation of accounting data
d) None of the above​

Answer 1

Answer:

C is the right answer

Explanation:

Management Accounting is a process of representing the financial records in such a way to the management in the form of reports so that management can take a decision for future.

This is a process of preparing a management report and accounts that provides accurate and timely financial and statistical information required by management to take short term or long term decision.