Cost accounting helps the management in mcq

  • How cost accounting mainly helps in management?

    Cost accounting provides the detailed cost information that management needs to control current operations and plan for the future.
    Cost accounting information is also commonly used in financial accounting, but its primary function is for use by managers to facilitate their decision-making..

  • How does management accounting help the management mcq?

    Answer- A) To identify and analyse the result of business operations.
    Explanation- Management accounting is focused on analysing the financial performance of a company and creating reports for future use..

  • What does cost accounting mainly help with?

    Cost accounting provides the detailed cost information that management needs to control current operations and plan for the future.
    Cost accounting information is also commonly used in financial accounting, but its primary function is for use by managers to facilitate their decision-making..

Q. Cost accounting mainly helps the management in: A. Earning extra profits. B. Providing information to the management for decision-making.

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