Relevance-accounting information
What do you mean by the term relevance which is accounting information?
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Relevance: Management accounting information should have the capability to affect decisions. Unless this feature is present, there is really no point in generating the information. This signifies that the information must be targeted at the needs of the individual manager for whom it is being offered.
Q : Define Management Accounting Give a Give a brief introduction of the term ‘Management Accounting’. And also write down its objectives?
Give a brief introduction of the term ‘Management Accounting’. And also write down its objectives?
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