The definition ‘Management Accounting is the presentation of accounting information in such a way as to assist management in the creation of policy and the day-to-day operation of an undertaking.’

Related MCQs

• The management accounting can be stated an extension of 1) Cost Accounting 2 ) Financial Accounting 3) Responsibility Accounting
• __________ Accounting becomes a source of information for Management Accounting.
• The following information belongs to John Manufacturing Company that uses a standard costing system: • Basic wage rate:Rs.12 per hour • Fringe benefits: Rs. 2 per hour • Basic time: 2 hours per unit • Allowance for down time: 0.3 hours per unit • Allowance for brakes: 0.2 hours per unit Based on the above information, what is the standard direct labor cost per unit?
• Which among the following is not a management accounting technique?
• The term management accounting was first coined in
• Management accounting is 1) Subjective 2) Objective
• The use of management accounting is
• Who coined the concept of management accounting?
• ……………is concerned with providing information to management for taking managerial decisions.
• Which of the following is a way to deal with decision making under uncertainty?