Which of the following is NOT one of the definitions of Management Accounting? Select one: a. Any form of accounting which enables a' business to be conducted more efficiently b. The process of identification, measurement, accumulation, analysis, preparation and communication of financial information used by management to plan evaluate and control within the organisation and to assure appropriate use and accountability for its resources c. A system of collection and presentation of relevant economic information relating to an enterprise for planning, controlling and decision making d. An information system which provides information to the external users of financial information.
Which of the following is NOT one of the definitions of Management Accounting? Select one: a. Any form of accounting which enables a' business to be conducted more efficiently b. The process of identification, measurement, accumulation, analysis, preparation and communication of financial information used by management to plan evaluate and control within the organisation and to assure appropriate use and accountability for its resources c. A system of collection and presentation of relevant economic information relating to an enterprise for planning, controlling and decision making d. An information system which provides information to the external users of financial information.
Which of the following is NOT one of the definitions of Management Accounting? Select one: a. Any form of accounting which enables a' business to be conducted more efficiently b. The process of identification, measurement, accumulation, analysis, preparation and communication of financial information used by management to plan evaluate and control within the organisation and to assure appropriate use and accountability for its resources c. A system of collection and presentation of relevant economic information relating to an enterprise for planning, controlling and decision making d. An information system which provides information to the external users of financial information.
Which of the following is NOT one of the definitions of Management Accounting?
Select one:
a. Any form of accounting which enables a' business to be conducted more efficiently
b. The process of identification, measurement, accumulation, analysis, preparation and communication of financial information used by management to plan evaluate and control within the organisation and to assure appropriate use and accountability for its resources
c. A system of collection and presentation of relevant economic information relating to an enterprise for planning, controlling and decision making
d. An information system which provides information to the external users of financial information.
Definition Definition Process by which financial information is analyzed, interpreted, and communicated to managers to support the achievement of an organization's goals. The main objective of managerial accounting is to maximize profits and minimize losses.
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