__________ deals with the provision of necessary accounting information to people within the organisation to enable them in decision making, planning and controlling business operations.
Management accounting
Management accounting deals with the provision of necessary accounting information to people within the organisation to enable them in decision making, planning, and controlling business operations. Unlike financial accounting, which focuses on providing financial information to external parties, management accounting is internal-focused, offering detailed insights into various segments of the business to assist managers in strategic planning and operational control.
| Accounting Type | Focus |
|---|---|
| Financial Accounting | External reporting |
| Cost Accounting | Cost control and reduction |
| Social Accounting | Social and environmental responsibility |
| Management Accounting | Internal decision making |
Important Questions from Capital Market
- Which of the following government financial transactions would be classified as a capital receipt?
What is the market price per share (face value = Rs. 100) as per Walter model if the profitability rate of the company is 16 percent, payout ratio is 80 percent and the cost of capital is 10 percent?
A company's share is currently selling for Rs. 50 and is expecting a dividend of Rs. 3 per share after one year which is expected to grow at 8% indefinitely. What is the equity capitalisation rate?
Amount unutilised in capital gain account scheme for which exemption claimed u/s 54 shall be treated as long-term capital gain, if
Choose the correct code for the following statements being correct or incorrect.
Statement I : FX Spot is an agreement between two parties to buy one currency against selling another currency at an agreed price for settlement on the spot date.
Statement II : The date of maturity of a forward contract is more than two business days in future.
