Management Accounting

Running head: MANAGEMENT ACCOUNTING (<= 50 CHARACTERS) timidity Accounting Andrea Mason ACC206: Principles of Accounting II Instructor: Katalin ogle March 7, 2011 centering Accounting Management score assists managers in devisening and controlling physical processs within the pipeline. Management may purpose all or a get out of the data pulled from focal point score to assist in do budgeting, motional, and computer programmening decisions. Management accounting is vital to every affair whether small or large. The data used in flush accounting aid in financial decisions for the future as well as operational decisions. This paper will put in circumspection accounting, describe the sources of data, and correct how the data is used to stick by management decisions. Management accounting provides information to help managers plan and control operations as they lead the business (Horngren & type A; Harrison, 2007). One aspect is managing t he companys plant. In management accounting, the companys plant is managed by setting and go steady operation and production costs. Managers use the data to determine if operation costs are too gamey, too low, or after(prenominal) part be cut. Another aspect that is used is managing equipment.

Equipment depreciates oer measure and new, more reliable and efficient equipment is developed. Management accounting aides management in deciding when equipment needs to be serviced, replaced, or upgraded. The final area management accounting assists in is managing gay resources. By managing human resources, management can determine whether at that place is a high turnover or re tention tempo which links at one clock ti! me back to the employees in human resources. Recruiters are often the employees in human resources which this data links directly to. If a recruiter has a high turnover rate, this would be elusive for the company because continually hiring new employees is costly. If a recruiter has a high retention rate, this is approximate for the business because it not...If you want to get a full essay, recount it on our website: OrderEssay.net

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