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Develop and use accounting information for daily recording of business financial transactions in a manufacturing environment,...

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Accounting

Develop and use accounting information for daily recording ofbusiness financial transactions in a manufacturing environment, andconstruct and use operational budgets for a manufacturingcompany

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Accounting plays a critical role in decisionmakingAccounting provides the financial framework for analyzing the results of an executed set of decisions and makes possible the continuous success of a business or improvement in operations Secondly accounting provides much of the necessary information needed in making good decisions Thirdly the management accountant provides a knowledge of basic decisionmaking tools that helps find the best alternative in    See Answer
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