#accounting

Laboratory practice

Assignment Module:        Cost Accounting Word Limit.  4,000 word Business Executives use managerial accounting to help them make sound financial decisions and to manage their day-to-day operations, according to to corporate finance institutions. Unlike other accounting specialties experts in the field do not offen work with external clients. Instead they study the firm’s cash flows, financial transactions, operating costs and internal Rate of return. This accounting data is then used to inform capital budget and future investments. Required : Not less than 4000 words. (a) What are the use management accounting  techniques as a tool for organizational decision making? (b) Appraise the nature and significance of management accounting. Not less than 4000Words?

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