What is the distinction between cost accounting and management accounting?
Submitted by: AdministratorCost accounting is concerned with cost accumulation for inventory valuation to meet the requirements of external reporting and internal profit measurement.
Management accounting relates to the provision of appropriate information for decision-making, planning, control and performance evaluation.
Submitted by: Administrator
Management accounting relates to the provision of appropriate information for decision-making, planning, control and performance evaluation.
Submitted by: Administrator
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