Management Accounting study material

Management AccountingThe process of Identification, Measurement, Accumulation, Analysis, Preparation,and Communication of Financial Information.ControlHaving a need to control other people behaviorHaving the power to control how something is managed or done.Decision MakingIt is made to changed operation or revised plan.PlanningIt is the act of process making a plan to achieve something.Management Accounting – future orientedFinancial Accounting – past orientedManagement Function••••••PlanningDirectingMotivatingControllingPerformanceEvaluationManagement Accountants discharge their responsibilities and achieve objectives byorganizing and implementing of activities in the following categories:•Planning•••••••ReportingControllingResource ManagementInformation System TechnologyTechnological ImplementationVeri … Purchase document to see full attachment

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