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About Management Accounting

Management accounting typically involves management theories. Moreover, it talks about recognizing, presenting, examining, and rewarding the financial information as per the management. The related information is primarily used for the decision-making, planning, and overall control factor. Through management accounting, the managerial reports are also being made to highlight the correct statistical information.

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  1. Selecting the plan or budget for their respective products or services.
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  5. Deducting the operational costs.
  6. Understanding the consumer’s needs at fixed prices.
  7. Facilitating the cash flow.
  8. Enhancing the financial outcomes.

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Science, this course is quite vast. It has various trending topics that students need to be aware of.

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  1. Prodebt casting
  2. Capital budgeting
  3. Process costing
  4. Activity-based costing
  5. Variable costing
  6. Job order costing
  7. Principles of services and products
  8. Ratio analysis

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