Question

Advantages of management accounting with brief details

Answer 1

Management accounting includes budgetary control and capital budgeting. The use of this method makes it easier for the company to cut short the extra expenditure for performing vital operations. This indirectly increases the bars of profits for the company, as the company is able to reduce its pricing on the products.

Answer 2

Hey mate ✌️✌️


Management accounting is the most recently developed branch of accounting .It is concerned with generating accounting information relating to funds ,cost , profit,etc.as it enable the management in decision making .

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