Answered: Discuss three techniques by which the…

Discuss three techniques by which the management accountant can achieve the objectives of management accounting.(approx 250 words)

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter1: Accounting As A Tool For Managers

Section: Chapter Questions

Problem 9Q: Other than accounting skills, what six qualities must be prevalent in a managerial accountant?

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Discuss three techniques by which the management accountant can achieve the objectives of management accounting.(approx 250 words)

Definition Definition Process by which financial information is analyzed, interpreted, and communicated to managers to support the achievement of an organization's goals. The main objective of managerial accounting is to maximize profits and minimize losses.

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