Question

Management Accounting provides invaluable services to management in performing:

• A. All management function
• B. Interpret financial data
• C. Controlling function
• D. None of these

Answer 1

The correct option is A All management function

The management process implies the four basic functions as :

1) Planning

2) Organizing

3) Controlling

4) Decision making

The main objective of management accounting is to provide the information to the management so that right decision can be taken on right time. Management accounting is the key for performing all such functions.