As a business professional what are the different types of information are required at various levels of management for decision making?

Q: Explain the purpose of financial and management accounting within your chosen organisation. Within…

A: In any organization, Purpose of Management accounting is to provide useful information for internal…

Q: Planning, control, and decision-making are all activities that management accounting aims to aid.…

A: Will be explained:

Q: Managers often need to make decisions based on accountancy information. Do they do so in the best…

A: Accounting information becomes the base for the purpose of making decisions in business…

Q: Planning answers two critical and important questions in business and professional organizations.…

A: Planning- It is the process of thinking in advance about what will be done, when it has to be…

Q: Management accounting's goals are to aid management in the processes of planning, controlling, and…

A: THE ANSWER:

Q: Explain the purpose and nature of, and the role of ethics in, managerial accounting.

A: Managerial accounting: Managerial accounting is a system, or a process of collecting and organizing,…

Q: The objectives of management accounting is to assist management in the process of planning, control…

A: Business Accounting: a term used to describe managerial accounting: An internal accounting system…

Q: Comment on the current and potential impact of creative accounting and discuss its management…

A: Bookkeeping is the process of recording financial transactions that affect a company. The accounting…

Q: What is the relationship between a business strategy and stakeholders?

A: Stakeholders are the people inside or outside the organization who as the interest in the…

Q: Describe which professional organization(s) would most likely be of greatest value to you if…

A:

Q: What are some of the uses that management may make of accounting information about individual…

A: In a company, generally, various divisions have been made according to the type and flow of work.…

Q: Distinguish between managerial and financial accounting in terms of the key consumers of their…

A: Introduction : When a company's transactions and economic activity throughout time are recorded and…

Q: Financial accounting provides information for managers and other internal users.

A: Managerial accounting provides information for managers and other internal users.

Q: role of management accountant in the current business environment

A:

Q: What abilities does a management accountant need in order to create strategy?

A: HERE IS THE ANSWER:

Q: How do management accountants supportstrategic decisions?

A: Management Accounting: Management accounting is a branch of accounting that is aimed at providing…

Q: siness intelligence, and

A: Accountants use data analytics to help businesses unwrap  valuable perception within their…

Q: Describe the decision making process in management accounting.

A: The decision-making process includes a series of steps which are followed in making a decision for…

Q: Management accounting system prepares reports for presentation to various levels of management which…

A: Management accounting is used by managers within an organization to make strategic decisions based…

Q: What are the functions of Management Accounting? Explain

A: Management accounting is the one which helps the managers within the company to make decisions and…

Q: Identify the key financial decisions facing the financial manager of any business firm and Explain…

A: The financial position of the company can be arrived from the income statement prepared by the…

Q: Compare and contrast financial and managerial accounting.      Explain the role of the management…

A:

Q: Managerial accountants

A: Option a is wrong because managerial accountants are usually involved in an organization's decision…

Q: Accounting designed to meet the needs of decision-makers inside the business is referred to as…

A: Lets understand the meaning of management accounting. It is a type of accounting designed to meet…

Q: The objectives of management accounting is to assist management in the process of planning, control…

A: Managerial Accounting: Managerial accounting refers to the internal accounting system that gives…

Q: In your own words what is management accounting? In your own words what the importance of management…

A: There are various branches of accounting and management accounting is one of them. It is as…

Q: What is the role of Strategic Management Accounting in the Business Strategy Formulation and…

A: Meaning of Strategic Management Accounting Strategic accounting is a comprehensive form of…

Q: Identify some of the people interested in making decisions about a company.

A:

Q: a. What are the techniques that are commonly used in Management accounting?

A: Management Accounting :— Management Accounting are also known as cost accounting of Management…

Q: Why is the accounting cycle critical to a business's success? (examples of why certain actions are…

A: Answer: Accounting cycle can be defined as the whole procedure that is run for any business to…

Q: Which phrase best describes the current role of the managerial accountant? Managerial accountants…

A: The managerial accounting involves the collection of data and its communication to the managers.

Q: How does management accounting concepts and techniques assist managers in making decisions to real…

A: The process by which financial transactions of the business are recorded and communicated with the…

Q: Describe one cause for the ongoing development of information systems and how it affects the duties…

A: Introduction: An information system combines methodologies, hardware, trained individuals, software,…

Q: Business decisions rely on certain characteristics which are based on intelligent and well-informed…

A: Introduction: A business decision, also known as an operational decision, is any choice made by a…

Q: What role do management accountants play in assisting with strategic decisions?

A: The role of management accountants play in assisting with strategic decisions:

Q: Discuss Principle-Agent Problem and Give an example in the business world

A: Principal-Agent relationship is one where one party (Principal) gives another party (Agent)…

Q: Which of the following adequately describes Management Accounting? It is the process of identifying,…

A: Solution Concept Financial accounting               The accounting that is done for the purpose of…

Q: Management accounting information is used by internal users for various types making. What are the…

A: Management accounting information refers to the collective form of all the desired reports and files…

Q: “Aids in the decision making to help an organization meet its goals.” Is it not a primary function…

A: Management accountant is the provider of real time financial & non-financial information to the…

Q: What guidelines do management accountantsuse?

A: Managerial accounting: Managerial accounting is a system, or a process of collecting and organizing,…

Q: While redefining management phenomena, the management accounting professionals have to O firm,…

A: Management Accounting is a process of achieving organizational goals by interpreting, organizing,…

Q: Control Objectives for Information and Related Technology, Why is it important to you in your career…

A: Control Objectives for Information and Related Technology provides generic processes for the…