An Introduction to Management Accounting
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Added on 2020-11-23
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MANAGEMENT ACCOUNTING INTRODUCTION 1 MAIN BODY1 CONCLUSION 3 REFERENCES 4 INTRODUCTION Management accounting is refers to method of collecting financial and non-financial information and preparing reports on the basis of this information. MAIN BODY Standard costing (a) It is a technique in which actual costs are compared with standard or estimated costs to find variances and then corrective actions are taken to reduce them. This is because standard costs is generally related to manufacturer's budget of direct material, direct labour and manufacturing
An Introduction to Management Accounting
Added on 2020-11-23
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