management accounting assists the management
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Management accounting helps in the performance of each of these functions in the following ways:
Provides data: Management accounting serves as a vital source of data for management planning. The accounts and...
Modifies data: The accounting data required for managerial decisions is properly compiled and classified.
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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.
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