TYPES OF INFORMATION

Type of management accounting information:

Management accounting information can be attributed to three things, namely information objects (products, departments, activities), the alternative will be selected, and the authority of the manager. Therefore, management accounting information is divided into three types of information:

Definition Of Management Accounting

In the 1880s, manufacturing companies in the United States began to concentrate in the development of large-capacity production technology. Managers and engineers at metal company has developed a procedure to calculate the relevant product cost so-called scientific management.