How does management accounting aid the decision maker

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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?

Reference no: EM133116012

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