Management accounting Flashcards

1

Planning for the future means

2

Accounting which provides necessary information to the management

3

Management accounting is adopted on

4

The statement of actual costs after they have been incurred

5

The interpreted information in the form of quantitative expression

6

It deals with the position of the business as a whole

7

It is an independent appraisal activity within an organisation

8

It affects the objectivity of decisions

9

The principal objective of management accounting is

10

It is effected through the use of standard costing

Management accounting