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What is the main object of Management Accounting?

The main object of management accounting is to provide information to the managers for use in planning, controlling operations, and decision making. The main object of cost accounting to determine and control the cost of production. In management Accounting, no such system is needed for the application.

What is the main objective of Management Accounting?

The following are the major objective of management accounting. Providing managers with information (data) for decision making and planning aims at modifying the data to suit to the requirements of the decision.

What are the functions of Management Accounting?

The functions of the management are planning, organizing, directing and controlling. Management accounting helps in the performance of each of these functions in a meaningful way. Management accounting serves as a vital source of data for management planning.

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