Management accounting helps an organization track costs and revenues to assess its profitability

Name: Management accounting helps an organization track costs and revenues to assess its profitability
Brand: Quizplus
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Question

Quizplus · Accepted Answer

This is a commonly accepted definition of management accounting. Management accounting involves the use of financial and non-financial data to make informed business decisions and evaluate the financial performance of an organization.

Management Accounting Helps an Organization Track Costs and Revenues to Assess