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why in the study of management accounting, so much attention isfocused on costs and...

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Accounting

why in the study of management accounting, so much attention isfocused on costs and efficiency

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Effective cost management is the central measure of accountability for business leadership Cost management includes effective strategy implementation as well as providing the resources and process discipline to enable and ensure the highest possible level of quality reliability and productivity at the lowest overall cost It is not about cost in the sense of cutting cost Rather cost management is the process of optimizing performance It is as much strategic    See Answer
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In: Accountingwhy in the study of management accounting, so much attention isfocused on costs and efficiencywhy in the study of management accounting, so much attention isfocused on costs and efficiency

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