Question: a) What are factors that need considering while collecting and analysing data to produce management information? b) How does management accounting information differ from that
a) What are factors that need considering while collecting and analysing data to produce management information? b) How does management accounting information differ from that of the financial accounting information? c) Structure and format of budgets are clear and comply with management information requirements and organisational practice. Discuss. d) Why is it important to obtain cost information advice from all sections of organisation when formulating cost reports and budgets
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