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Management Accounting and Cost Accounting

   

Added on  2020-12-26

9 Pages1505 Words444 Views
MANAGEMENTSACCOUNTS
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EXECUTIVE SUMMARYThe report underpins the cost accounting techniques used under management accountingsystem. Various type of planning tools with their advantages and disadvantages illustrated inrespect of Tesco. Organisations are compared that how implementing management accountingsystem resolve the financial problems and lead organisation towards sustainable success.
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Table of ContentsEXECUTIVE SUMMARY.............................................................................................................2INTRODUCTION...........................................................................................................................1P3 Calculation of profit marginal and absorption costing......................................................1P4 Benefits and cons of various type of planning tools used for budgetary control..............1P5 Evaluation of adapting management accounting system to overcome financial problems2CONCLUSION................................................................................................................................3RECOMMENDATION...................................................................................................................3REFERENCES................................................................................................................................5APPENDICES.................................................................................................................................6Appendix 1: Profit by Marginal costing.................................................................................6Appendix 2: Profit by Absorption costing..............................................................................6
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