management accounting answer key
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Explanation:
Managerial accounting: Definition
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.
Management Accounting is the application of accounting and statistical techniques to the specified purpose of producing and interpreting information designed to assist management in its functions of promoting maximum efficiency and in envisaging, formulating and co-coordinating their execution”.
Managerial accounting topics often include: Job order costing.
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Management is a process of planning, decision making, organizing, leading, motivation and controlling the human resources, financial, physical, and information resources of an organization to reach its goals efficiently and effectively.