Question

write a note on objectives of management accounting​

Answer 1

Answer:

In a practical sense, the main objective of financial accounting is to accurately prepare an organization's financial accounts for a specific period, otherwise known as financial statements. The three primary financial statements are the income statement, the balance sheet and the statement of cash flows.

Explanation:

Answer 2

Answer:

The main objective of managerial accounting is to assist the management of a company in efficiently performing its functions: planning, organizing, directing, and controlling. Management accounting helps with these functions in the following ways: ... This information is then analysed for planning and decision-making.

Explanation:

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