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Management accounting: is only concerned with identifying, measuring and recording nonfinancial information. involves preparing tailor - made reports to support management activities. is the process

Management accounting:

is only concerned with identifying, measuring and recording nonfinancial information.

involves preparing tailor

-

made reports to support management activities.

is the process of identifying, measuring and recording economic information for external users.

involves preparing tailor

-

made reports for shareholders and owners.

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