Accountancy, asked by tarungupta0211, 1 year ago

What kind of data is used in Manage ment accounting?
1 past
2 present
3 future
4 All of the above.

tarungupta0211: Did u know it correctly it just bluff..
Shifapathan: 4) All of above
Shifapathan: Justification: Past data is helpful to forecast the business trend, strategy,it also helps to generate future forecast.
Shifapathan: present: if u dont record present data how will it turn into past, so present , past , future dosent make any sense only data makes sense to buisness owners, in short data is money and money is data
Shifapathan: Is it fine???
Shifapathan: it's % right

Answers

Answered by Anonymous
6
I think option 1️⃣... is your answer..

hope it helps you...
tarungupta0211: Can u justify it
Shifapathan: 4) All of above
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