Question
This is my research topic- managerial accounting within Starbuck. please research and expand my research, by adding around 250 estimated words with reference (APA) and
This is my research
topic- managerial accounting within Starbuck.
please research and expand my research, by adding around 250 estimated words with reference (APA)
and also apply the Starbuck case study.
Requirement:
articulate the research aim and relate the research aim to the research question
develop and explain a research hypothesis or proposition based on a theory
Research Aim and Question
The research aim of this study is to report the benefit and knowledge of managerial accounting regarding performance within an organization.
Research Question:
What are the advantages of a company employing a management accounting system?
Firstly, it has the ability to change the performance and financial position of the company. This strategy can lead the business to make a maximum profit and minimize expenses by utilizing budgetary control and capital budgeting technique. The company can easily reduce operating and capital expenditure. One of the most important benefits of management accounting is that it can assist the company's keep track of its cash flow. When it comes to paying off a loan or debt, we all known that having cash on hand is preferable to having fixed assets. As a result, a management accountant investigates where the money comes from and where it goes. Checking for money misuse will undoubtedly control a company's cash flow (Kumar V, 2022). Without this management system, the business would be more at risk due to the uncertain cash flow.
How is management accounting performed throughout the company with success?
Knowing managerial accounting helps the firm to keep track of its financial result and identify and manage risk. In today's competitive business environment, the company would effectively be at risk without this knowledge. Hypothesis: By using managerial accounting, the business will have a positive effect on making decisions also will reduce risk to the lowest possible level.
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