What Is the Name of the Branch of Accounting Concerned

question 61

Multiple Choice

What is the name of the branch of accounting concerned with providing managers and administrators with information to facilitate the planning and control of business operations?

• A)Management accounting
• B)Auditing
• C)Financial accounting
• D)Bookkeeping

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Definitions:

Valid Contract

An agreement between parties that meets all legal requirements and is enforceable by law.

Courts

Judicial institutions with the authority to interpret and apply the law, adjudicate legal disputes, and administer justice.

Quasi-Contracts

Legal obligations imposed by a court to prevent unjust enrichment, even when no actual contract exists.

Implied-In-Law Contract

A legally enforceable agreement created by a court order, not explicit agreement, to ensure fairness and prevent unjust enrichment.