essentials of management accounting in business

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Management accounting is crucial for efficient business management, especially in the areas of: formulation of strategy; planning; the measurement and control of performance; decision-making; ascertaining income and costs and establishing prices. In this authoritative introduction to the subject, the authors explain and illustrate the ways in which management accounting works in all its phases - from the determination of figures, through their presentation and interpretation, to their application in business management.

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