Management accounting concentrates on ___________.

Opening books of account

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Preparation of financial statements

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Control of business activities

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None of these

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Solution

The correct option is D Control of business activities
In management accounting, managers use the provisions of accounting information in order to better inform themselves before they decide matters within their organizations, which aids their management and performance of control functions.
Managers are concerned about business activities, so by seeing financial and costing data, they translate that data into useful information for management and officers within an organization.

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