Reference no: EM133116012
Management Accounting
Learning Objective 1: differentiate between financial and management accounting;
Learning Objective 2: describe the management functions of planning, control and decision- making;
Learning Objective 3: examine the role of management accounting within an organisation;
Learning Objective 4: management accounting is used as an internal form of reporting within organisations.
Question 1: What are the differences between management and financial accounting?
Question 2: Describe how management accounting can be used in a manufacturing company.
Question 3: How does management accounting aid the decision maker?
Question 4: How can management accounting can be used to aid strategic planning?
Question 5: What is cost accounting and how does it differ from management accounting?
Question 6: How do planning and control go together?