management accounting applies to
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The Institute of Certified Management Accountants (CMA) states, "A management accountant applies his or her professional knowledge and skill in the preparation and presentation of financial and other decision oriented information in such a way as to assist management in the formulation of policies and in the planning
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Explanation:
Management accounting is the process of preparing management reports and accounts that provide an accurate and timely financial information required by the management to make day to day and short term decision. Management accounting applies to all the entities.
- entities
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