The management accounting system provides highly useful economic and financial data to the management. A channel is used to transmit the information efficiently and effectively that channel is
Steps in installation of Management Accounting System The following steps have to be taken by the top management to install efficient and effective Management Accounting System. 1. Preparation
The cost of debt capital (as well as preference capital) can be calculated fairly easily. This is because it entails a well-defined burden in terms of interest payment