The management account methods used were Cost-volume-profit analysis, which consisted of contribution margin and break even analysis, which was used for cost control and profit maximization. We also use budget management to set the goal for our business expectation. Then comparing the actual expenditure against the business plan to explain in variance.

Explain the management accounting methods you used for generating the information that you are about to share in terms of your adherence to industry standards and the American Institute of Certified Public Accountants (AICPA) code of ethics