Question

define management account ​

Answer 1

Explanation:

management account

In management accounting or managerial accounting, managers use the provisions of accounting information in order to better inform themselves before they decide matters within their organizations, which aids their management and performance of control functions.

Principles

4 International Management Accounting Principles:

Influence. Communication presents insight which is crucial. ...

Relevance. Information is valuable for one and all. ...

Value. The influence on value is estimated.

Credibility. Stewardship forms credibility.

Recognizing the requirement.

Products and strategies.

Diagnostics.

Answer 2

Explanation:

1. In management accounting or managerial accounting, managers use the provisions of accounting information in order to better inform themselves before they decide matters within their organizations, which aids their management and performance of control functions