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Question

Management Accounting relates to ______________.


A
Recording of accounting data
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B
Recording of cost data
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C
Presentation of account data
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D
None of the above
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Solution

The correct option is D Presentation of account data
Management Accounting is a process of representing the financial records in such a way to the management in the form of reports so that management can take a decision for future. 
This is a process of preparing a management report and accounts that provides accurate and timely financial and statistical information required by management to take short term or long term decision.

Accountancy

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