A small or new business can cope without management accounting

Name: A small or new business can cope without management accounting
Brand: Quizplus
Rating: 4.7 (40 reviews)

Question

Quizplus · Accepted Answer

A small or new business may not require complex management accounting to operate effectively. The owner or manager can use basic financial information such as revenue and expenses to make decisions. However, as the business grows, management accounting becomes more important in analyzing performance, identifying areas for improvement, and making strategic decisions.

A Small or New Business Can Cope Without Management Accounting