BUSINESS ADMINISTRATION
ACCOUNTING FOR MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following does not represents the characteristics of Management Accounting?
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Helps in finding out cost of products and control costs
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Measures the operating efficiency of the enterprise
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Helps in identifying the financial position of the business
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Process of determining and accumulating the cost of products or activity
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Explanation:
Detailed explanation-1: -9. Which of the following options is not characteristic of management accounting? Compulsory accounting.
Detailed explanation-2: -Which of the following IS NOT characteristic of financial accounting? The information is confidential and is intended for use only by company management.
Detailed explanation-3: -Managerial accounting is characterized by its objectivity, reliability, consistency and historical nature. Managerial accounting reports are less regulated than financial accounting reports.
There is 1 question to complete.