Business Studies, asked by uzmq, 6 months ago

Management accounting is the presentation of accounting information in such a way as to assist management in the creation of policy and in the day to day operations of the undertaking”. Elucidate the statement with the help of examples

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Answered by S10305

Answer:

By definition, their job is to prepare internal financial reports, records and accounts to aid managers' decision-making process in achieving short and long-term business goals. In other words, their job is to simplify complex financial data and turn them into actionable insights.

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