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a) Management of Cost & Control
b) Management of Business
c) Management of Accounting
d) All of the Above
e) None of the Above
A) Management of Accounting.
Thanks for eXperts Opinion, the Correct Option is ""D""
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
>>>>>>>d) All of the Above<<<<
I think Option-D is an appropriate answer.
I opt D
Management accounting combines accounting, finance and management with the leading edge techniques needed to drive successful businesses.
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).
The answer should be D, All of the above;
cost control, managing business as well as managing accounting.
d) All of the above is the answer.
Agreed with colleaguesThe correct answer is d