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Management · Q27

Management Accounting

Graduate and Post Graduate · Management · question 27

Q27

Type of accounting which measures, reports and analysis non-financial and financial information to help in decision making is called

A.
financial accounting
B.
management accounting
Answer
C.
cost accounting
D.
decision accounting

Answer: Option B

Solution

Answer: Option B
Solution:
Type of accounting which measures, reports and analysis non-financial and financial information to help in decision making is called management accounting. Management Accounting is the presentation of accounting information in order to formulate the policies to be adopted by the management and assist its day-to-day activities.