Management Accounting maintains
Journal
Journal and Ledger
Ledger alone
None of the above
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It maintains none of the above.
- The journal, ledger are all related to financial accounting.
- Management accounting is generally concerned with maintaining the risk and decisions.
- it takes into account -
- Planning
- Strategising
- Management of Risk
- Effective Decision Making
- It prepares reports regarding all the enterprise operations which further help to make both long and short term decisions.
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