Financial accounting provides a historical perspective, whereas management accounting emphasizes (A) the current perspective.
<h3>
What is management accounting?</h3>
- Management accounting can be defined as the provision of financial and non-financial decision-making information to managers.
- In other words, management accounting aids directors in making decisions within an organization.
- This is also referred to as cost accounting.
- This is the method for distinguishing, examining, deciphering, and communicating data to managers in order to help them achieve business objectives.
- The information gathered includes all accounting fields that educate the administration on business tasks associated with the organization's financial expenses and decisions.
- Accountants use plans to assess the overall strategy of an organization's operations.
- Management accounting focuses on the present.
Therefore, financial accounting provides a historical perspective, whereas management accounting emphasizes (A) the current perspective.
Know more about management accounting here:
brainly.com/question/14727215
#SPJ4
Answer:
$339.62
Explanation:
Find the attached for the explanation
Answer:
A. hold money to transfer purchasing power into the future.
Explanation:
People use money as a store of value when they hold money to transfer purchasing power into the future.
Answer:
A. measures the costs of acquiring or using resources in an organization.
Explanation:
Cost accounting is the procedure by which and organisation records, examines, and summarises any cost on processes or service.
Items that are considered include variable cost, fixed cost, and other expenses related to business operation.
Answer: strengths
Explanation: SWOT stands for Strengths, Weaknesses, Opportunities, and Threats. SWOT analysis is a study undertaken by an organization to identify its internal strengths and weaknesses, as well as its external opportunities and threats. A SWOT analysis organizes your top strengths, weaknesses, opportunities, and threats into an organized list and is usually presented in a simple two-by-two grid. In the example above, In terms of a SWOT analysis, the company believes it can use the strength of its reputation as a sunglasses manufacturer for a specialized market in combination with its current manufacturing facilities and labor force to enter this new market.
