Management accounting is a subset of cost accounting. Cost accounting is a subset of both management and financial accounting. A primary purpose of cost accounting is to determine valuations needed for external financial statements

Revenue Cycle is:Select one:a. None of the aboveb. A recurring set of business activities and related to the process starting from finalizing product design and finishing off at cost accounting.c. A recurring set of business activities and related data processing operations associated with the purchase of and payment for goods and services.d. A recurring set of business activities and related information processing operations associated with providing goods and services to customers and collecting cash in payment for those sales.

true or false Costs that are traceable to a segment and are completely beyond the influence of the segment manager can be advantageously divided in segment reports into two distinct responsibilities - those for segments and those for segment managers.

Definition of Management Accounting along with any other relevant concepts and the relationship between management accounting and the costing technique used such as the traditional technique and ABC