Question
Financial accounting focuses on summarizing and reporting a business's financial performance and position to entities outside the business, with a vested interest. Management accounting focuses
Financial accounting focuses on summarizing and reporting a business's financial performance and position to entities outside the business, with a vested interest.
Management accounting focuses on providing reports and increasing knowledge inside an entity and as a result reducing risks connected with decision making.
What are some of the information/reports that a university's managers at various levels would require from the management accountant, to help them in making sound decisions (that helps in creating and managing value) for the university?
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