Question

Management accounting uses primary data from financial accounting and

a.

Inflation

b.

Human Resource

c.

Cost

d.

Corporate​

Answer 1

Answer:

Corporate Accounting

Explanation:

Management accounting uses primary data from Corporate Accounting

Answer 2

The correct answer is OPTION C: Cost.

• Internally, management employs cost accounting to make well-informed company decisions.
• Unlike financial accounting, which provides information to external financial statement consumers, cost accounting is not constrained by set standards and can be tailored to meet the needs of management.
• All variable and constant production-related input costs are accounted for in cost accounting.
• Cost accounting approaches include standard costing, activity-based costing, lean accounting, and marginal costing.