Module - Management AccountingThe main role of Management Accounting is:PlanningControl andDecision making....Module - Management...

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Accounting

Module - Management Accounting
The main role of Management Accounting is:
Planning
Control and
Decision making.
Decision making is the selection of the correct cost element andtake the right
decision in the best interest of the organization be:
-Make or buy decision
-Accept or reject decision
-Shut down decision
-Limiting factor decision
In relation to Decision making explain the above statement.

It should include limiting factor with several constraint and
making use of linear programing technique).
Word limit-1500

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Role of management accounting in relation to decision making Make or buy decision Production is most expensive part of the business Management accountants can determine the real cost of the product and by this they can determine if it is appropriate to buy them from See Answer

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In: AccountingModule - Management AccountingThe main role of Management Accounting is:PlanningControl andDecision making....Module - Management AccountingThe main role of Management Accounting is:PlanningControl andDecision making.Decision making is the selection of the correct cost element andtake the rightdecision in the best interest of the organization be:-Make or buy decision-Accept or reject decision-Shut down decision-Limiting factor decisionIn relation to Decision making explain the above statement.It should include limiting factor with several constraint andmaking use of linear programing technique).Word limit-1500