Question

mention one limitation of managment​

Answer 1

Answer:

Limitations or disadvantages of management accounting-

• Based on Financial and Cost Records.

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Answer 2

Answer:

• Limitations or disadvantages of management accounting are:-

1. Based on Financial and Cost Records.

2. Personal Bias.

3. Lack of Knowledge and Understanding of the Related Subjects.

4/ Provides only Data.

5. Preference to Intuitive Decision Making.

6. Management Accounting is only a Tool.

7. Continuity and Participation.

8. Broad Based Scope.