Assertion (A):Management accounting can be defined as processing and presenting accounting, cost accounting, and other economic data.Reason (R):It is an analysis of all the transactions, financial and physical, to enable effective comparison to be made between the forecasts and actual performance.Select the correct answer from the options given below:

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Assertion (A):<br />Management accounting can be defined as processing and presenting accounting, cost accounting, and other economic data.<br />Reason (R):<br />It is an analysis of all the transactions, financial and physical, to enable effective comparison to be made between the forecasts and actual performance.<br />Select the correct answer from the options given below: