Identify the components of the management accounting system in two private companies (take any two private companies) and discuss their relevance in enabling decisions to be made efficiently and effectively.

And after that Find out all the methods to be applied in a company by the management to take managerial decisions.

Q1. How to take decisions about key factors,

Q1. When Raw Material is a key factor

Q2. When sales is a key factor

Q3. When labour is a key factor

Q4. Collect the monetary data for complete the above information.