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Terms and Definitions in the Management Accounting

Management accounting is huge topic. If you miss any terms (and the definitions), around this topic, you most likely are not alone. Roll this page to see if it is in here.

  • Managerial accounting – A field of accounting that provides economic and financial information for managers and other internal users.
  • Activity-based costing (ABC) – A method of allocating overhead based on each product’s use of activities in making the product.
  • Balanced scorecard – A performance-measurement approach that uses both financial and nonfinancial measures, tied to company objectives, to evaluate a company??

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