Management accounting-scope
Write down the scope of Management accounting?
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The scope of Management Accounting is illustrated below: i) Revaluation accounting ii) Financial Accounting iii) Cost Accounting iv) Control Accounting v) Marginal Costing vi) Budgetary Control vii) Financial Planning and viii) Decision accounting ix) Break Even Analysis x) Taxation xi) Reporting xii) Audit
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Three main elements of Partnership: A) Carrying on of a business: • A ‘business’ is any trade, occupation or pr
What are the possible broad regions of decision making process where management accounting information is required?
What are the various features of the management accounting information system?
Avoidable Cost: The cost related with an activity which would not be acquired if the activity were not executed.
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Partnership Accounting: A business can be a firm, a partnership, or a solitary proprietorship. The corporation is incorporated at state level. The sole proprietorship is one person in business. A partnership is two or more than two persons with an agr
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