How relevant is managerial accounting for a firm’s decisionmaking process? Is managerial accounting more...

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Accounting

How relevant is managerial accounting for a firm’s decisionmaking process? Is managerial accounting more than just estimatinga cost for the financial accounting systems of a firm?
Does managerial accounting systems have an impact the value of afirm? If so, how?

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Answer a Management accounting provide various type of reports to top management to take their important decision For their decision this branch of accounting provide various information regarding to business process and operation like costs sales quantity production sales volume profit margin contribution margin etc In following decisions of firm management accounting provide information See Answer

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In: AccountingHow relevant is managerial accounting for a firm’s decisionmaking process? Is managerial accounting more than...How relevant is managerial accounting for a firm’s decisionmaking process? Is managerial accounting more than just estimatinga cost for the financial accounting systems of a firm?Does managerial accounting systems have an impact the value of afirm? If so, how?