Management Accounting Is Concerned With

question 1

Multiple Choice

Management accounting is concerned with:

• A) the company as a whole, rather than with its segments.
• B) providing information to internal decision makers.
• C) meeting the requirements of generally accepted accounting principles.
• D) recording the financial history of an organisation.

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Definitions:

Job Analysis

Job analysis is the systematic process of collecting and evaluating information about a job's tasks, responsibilities, necessary skills, outcomes, and work environment to identify the job's specifications and requirements.

Performance Standards

Established criteria to evaluate the efficiency, outcomes, and quality of work performed by employees.

Certificates

Official documents attesting to a certain fact or level of achievement, often used to verify education, training, or qualifications.

Task Specialization

The process of dividing work into specialized jobs that allow individuals to focus on specific tasks.