Thursday, December 15, 2011

Which group of people is management accounting designed to satisfy?

Which group of people is management accounting designed to satisfy?





A. Management.


B. Creditors.


C. Investors.


D. Governmental agencies.





I think it is A. Management, but I might be wrong because it seems a little too obvious. Can you help? Thanks.|||The Management Accounting team has to report to the top Management only.


The very purpose of management account is to analyse proper utilisation of each and every asset, section, department, process etc of the company to get maximum return.

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