Management accounting is accounting for effective management. Explain this statement.
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Ответ:
Explanation:
Management is the process of organizing, commanding, coordinating and controlling administrative resources. When we talk about management accounting, we relate to a company's financial resources, which are essential for profitability, payments, investments, etc., that is, so that the business can flow effectively.
Therefore, it is correct to say that managerial accounting is the accounting for effective management because accounting is an instrument of control and management for organizing financial accounts and indexes, these being essential instruments in helping to better decision making in a period of time, giving subsidies for managers to adapt and anticipate negative financial situations for example.
Ответ:
- TO IDENTIFY PROBLEMS IN ADVANCE ( 2nd choice)
- TO GET FUNDING ( 3rd choice)
- TO ATTRACT EMPLOYEES AND MANAGEMENT ( 7th choice)
- TO KEEP THE COMPANY FOCUSED ON SPECIFIC GOALS ( 8th choice )