Respuesta :
Financial accounting provides a historical perspective, whereas management accounting emphasizes (A) the current perspective.
What is management accounting?
- Management accounting can be defined as the provision of financial and non-financial decision-making information to managers.
- In other words, management accounting aids directors in making decisions within an organization.
- This is also referred to as cost accounting.
- This is the method for distinguishing, examining, deciphering, and communicating data to managers in order to help them achieve business objectives.
- The information gathered includes all accounting fields that educate the administration on business tasks associated with the organization's financial expenses and decisions.
- Accountants use plans to assess the overall strategy of an organization's operations.
- Management accounting focuses on the present.
Therefore, financial accounting provides a historical perspective, whereas management accounting emphasizes (A) the current perspective.
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