Question

___________ supplies the management significant information in order to assist the management to discharge its various functions such as planning, control, and decision making.

• A. Financial Accounting
• B. Cost Accounting
• C. Management Accounting
• D. Human Resource Accounting

Answer 1

Answer: (C)

Management Accounting

Accounting has three branches i.e. financial accounting, cost accounting and management accounting. Management accounting is a tool which is used to present the significant information to the management for planning, control and decision making.