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Meaning : The accounting in which the both financial and non-financial information are provided to managers is known as Management Accounting
Information type : Quantitative and Qualitative
Objective : Providing information to managers to set goals and forecast strategies
Scope : Impart and effect aspect of costs
Specific Procedure : No
Recording : It gives more stress on the analysis of future projections
Planning : Short range and long range planning
Interdependency : Cannot be installed without cost accounting