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Give examples where accounting is used as aid in performing the management functions.

Sagot :

Answer:

if a business enterprise determines a target profit for a year, it should also determine how to reach that target.

Ashleymahinayidn

Answer:

       Management accounting is closely interwoven in planning both because it provides information for decision-making and because the entire budgeting process is developed around accounting-related reports. Management accounting helps managers in planning by providing reports which estimate the effects of alternative actions on an enterprise’s ability to achieve desired goals. For example, if a busi­ness enterprise determines a target profit for a year, it should also determine how to reach that target.

Explanation:

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