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Management · Q4

Management Accounting

Graduate and Post Graduate · Management · question 4

Q4

Purpose of management accounting is to

A.
past orientation
B.
help banks make decisions
C.
help managers make decisions
Answer
D.
help investors make decision

Answer: Option C

Solution

Answer: Option C
Solution:
Purpose of management accounting is to help managers make decisions. Management accounting helps organizations improve their ability to control costs and plan for the future through financial forecasts. It also focuses on providing reports to ensure comprehensive management oversight.