In management accounting or managerial accounting, managers use accounting information in decision-making and to assist in the management and performance of their control functions. Example of management accounting: If a manufacturer was planning to open a new production facility, they would first need to determine the total cost of the project and the expected ROI.
In management accounting or managerial accounting, managers use accounting information in decision-making and to assist in the management and performance of their control functions.
Example of management accounting: If a manufacturer was planning to open a new production facility, they would first need to determine the total cost of the project and the expected ROI.
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