--%>
Assignment Help - homework help

Features of the management accounting information system

What are the various features of the management accounting information system?

E

Expert

Verified

The various features of management accounting information system are as follows:

a) Recognizing and capturing the relevant information.
b) Recording the information collected in a methodical method.
c) Analyzing and interpreting the collected information collected.
d) Reporting the information in a way which suits the requirements of individual managers.

   Related Questions in Managerial Accounting

  • Q : Key performance indicators or KPI What

    What do you mean by the term key performance indicators or KPI? Explain in brief?

    		•
  • Q : What are Arrears What are Arrears ? And

    What are Arrears? And what are the conditions to make Arrears?

    		•
  • Q : When does a partnership exist A) A

    A) A partnership may be formed either expressly or impliedly, and in each case all the circumstances should be examined in order to ascertain: The intention of the parties; Whether there has been a

    		•
  • Q : Management accounting According to

    According to Martin and Steele (2010, p.13), “The two principal professional associations in Australia – CPA Australia (the CPA) and the Institute of Chartered Accountants in Australia (the Institute) have indicated their awareness of the significance of issues of sustainability reporting and develo

    		•
  • Q : Contents of a partnership deed State

    State some contents of a partnership deed. Answer: A) Name of the firm.B) Name and complete address of the Partners.C) The date of formation and period of Partnership.D) Ratio in which gain or loss

    		•
  • Q : What is Incremental Cost Incremental

    Incremental Cost: The raise or reduction in total costs which would result from a decision to raise or reduce output level, to add a service or task, or to modify any part of operations. This information aids in making decisions such

    		•
  • Q : Appropriations The term used in

    The term used in governmental accounting to identify amounts that the governmental unit is authorized to spend for debt repayment, operating activities, and asset acquisition. The appropriations account is a budgetary account that acts as a control account for all budgeted expenditures. More usua

    		•
  • Q : Accounting standard Normal 0 false

    Normal 0

  • Q : Changing business landscape What do you

    What do you mean by the term changing business landscape?

    		•
  • Q : Market Analysis and Logic 1.

      1. Contribution After Marketing Assume that the sales forecast for brand TOJO is 160,000 units, and that you expect to sell 50% of these units through mass merchandisers,

    		•