--%>

Management accounting-scope

Write down the scope of Management accounting?

E

Expert

Verified

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

   Related Questions in Managerial Accounting

  • Q : Define Actual Cost Actual Cost : It is

    Actual Cost: It is the amount (sum) determined on the basis of cost acquired involving standard cost appropriately adjusted for the applicable variance.

  • Q : Define Cost Accounting Cost Accounting

    Cost Accounting: The Cost accounting is an approach to evaluate the overall costs which are related with conducting business. It is generally based on standard accounting practices, cost accounting is one of the tools which managers u

  • Q : Why you want to be an accountant Why

    Why you want to be an accountant? Normal 0 false

  • Q : What is Corporate Tax Corporate Tax :

    Corporate Tax: It is a levy placed on the gain of a firm, with different rates employed for various levels of gains. Corporate taxes are the taxes against profits earned by businesses throughout a given taxable period; they are usually applied to comp

  • Q : Influence of lack of partnership deed

    Describe the provision of 'Indian partnership Act 1932‘concerning sharing of profits in lack of any provision in partnership deed. Answer: In the lack of any p

  • Q : Bank reconciliation statement Explain

    Explain the term bank reconciliation statement?

  • Q : Explain Cash Management Cash Management

    Cash Management: Cash Management is the management of cash balances of a concern in such a way as to maximize the accessibility of cash not invested in inventories or fixed assets and to ignore the risk of insolvency. According to Keynes there are thr

  • Q : Developing objectives and plans in

    Write down a short note on the developing objectives and plans in decision making process?

  • Q : Cash flows from operating activities A

    A financial analysis tools that measures the need for financing. The formula is the cash-flow from operating activities divided by the cash paid for long-term asset. Cash paid for long-term assets can be found on the statement of cash-flow, in the investing-activities