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What is Management Accounting ? Select only one option ?

a) Management of Cost & Control

b) Management of Business

c) Management of Accounting

d) All of the Above

e) None of the Above

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Question ajoutée par Malik Khalid Mahmood , Regional Finance Manager , Leosons International FZ LLC
Date de publication: 2015/02/18
Sara Naeem
par Sara Naeem , Trainee Finance officer , Wah Brass Mill

A) Management of Accounting.

Malik Khalid Mahmood
par Malik Khalid Mahmood , Regional Finance Manager , Leosons International FZ LLC

Thanks for eXperts Opinion, the Correct Option is ""D""

VENKITARAMAN KRISHNA MOORTHY VRINDAVAN
par VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.

Answer option (a) >>>>>>>>>>>  Management of Cost & Control.

 

The process of preparing management reports and accounts that provide accurate and timely financial and statistical information required by managers to make day-to-day and short-term decisions.Unlike financial accounting, which produces annual reports mainly for external stakeholders, management accounting generates monthly or weekly reports for an organization's internal audiences such as department managers and the chief executive officer.These reports typically show the amount of available cash, sales revenue generated, amount of orders in hand, state of accounts payable and accounts receivable, outstanding debts, raw material and inventory, and may also include trend charts, variance analysis, and other statistics.Also called managerial accounting

FITAH MOHAMED
par FITAH MOHAMED , Financial Manager , FUEL AND ENERGY CO for transportion petroleum materials

 >>>>>>>d) All of the Above<<<<

Tanveer Qureshi
par Tanveer Qureshi , Director , Qureshi Associates

I think Option-D is an appropriate answer.

Mir Mujtaba Ali
par Mir Mujtaba Ali , Internal Audit Manager , Confidential

I opt D

Management accounting combines accounting, finance and management with the leading edge techniques needed to drive successful businesses.

Mohammed Salim Allana
par Mohammed Salim Allana , Compliance and Assurance Manager , United Arab Bank

d. All of the above, the management accounting does compile accounting information, control costs and suggest management with various measures how to improvise the financial performance and which product could be discontinued (managing business).

Tamer Elbeshbishy
par Tamer Elbeshbishy , Financial and Administration Manager , Muscat Towers Holding Group

The answer should be D, All of the above; 

cost control, managing business as well as managing accounting.

nour ibrahim
par nour ibrahim , محاسب ومراجع قانونى , مستقل

Agreed with colleaguesThe correct answer is d

Asim Azaldeen Abdalrahman Mhammed
par Asim Azaldeen Abdalrahman Mhammed , Property Manager , TAAM PROPERTY

Option (a) .............................

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