BUSINESS ADMINISTRATION
ACCOUNTING FOR MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Public at large
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Management
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Government
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Employees
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Detailed explanation-1: -The main objective of managerial accounting is to assist the management of a company in efficiently performing its functions: planning, organizing, directing, and controlling.
Detailed explanation-2: -What is the main objective of management accounting? To identify and analyse the result of business operations.
Detailed explanation-3: -Objective of management accounting is to use this statistical data and take a better and accurate decision, controlling the enterprise, business activities, and development. Financial accounting is the recording and presentation of information for the benefit of the various stakeholders of an organization.
Detailed explanation-4: -Management by Objectives (MBO) is a strategic approach to enhance the performance of an organization. It is a process where the goals of the organization are defined and conveyed by the management to the members of the organization with the intention to achieve each objective.
Detailed explanation-5: -A. Price level accounting. Historical costing account. Financial accounting.