what is management accounting and it's functions
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Management accounting is the process of preparing reports about business operations that help managers make short-term and long-term decisions. It helps a business pursue its goals by identifying, measuring, analyzing, interpreting and communicating information to managers.
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Management accounting is the process of preparing reports about business operations that help managers make short-term and long-term decisions. It helps a business pursue its goals by identifying, measuring, analyzing, interpreting and communicating information to managers.
Its functions:
- Planning.
- Organizing.
- Staffing.
- Directing/leading.
- Coordinating.
- Reporting.
- Budgeting.
- Controlling.
Explanation:
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