What Are The Advantages And Dis Advantages Of Having Management Accounting Function?
Explain the advantages and dis advantages of having management accounting function
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There are no particular disadvantages of management accounting function. It is only when it is misused for personal benefit that it has disadvantages. However it has plenty of advantages such as:
- Control mechanism for accounting process.
- Keeps a check on the inflow and outflow of money
- Is a performance evaluation mechanism for the top and middle management.
- Control mechanism for accounting process.
- Keeps a check on the inflow and outflow of money
- Is a performance evaluation mechanism for the top and middle management.
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answered 3 months ago
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