The correct answer is option B
Explanation : - Management accounting is mainly concerned with the analysis and interpretation of financial data, planning, decision making and controlling, Management accountants collect data from internal and external sources and communicate pertinent information to the management. They are involved in analysing, processing , interpreting the data and perform management functions such as planning, controlling, decision making. Evaluating the sales performance, reviewing the performance and comparing the results to the sales budget are part of management controlling function.
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CASE 20 Enron: Not Accounting for the Future* INTRODUCTION Once upon a time, there was a gleaming office tower in Houston, Texas. In front of that gleaming tower was a giant "E" slowly revolving, flashing in the hot Texas sun. But in 2001, the Enron Corporation, which once ranked among the top Fortune 500 companies, would collapse under a mountain of debt that had been concealed through a complex scheme of off-balance-sheet partnerships. Forced to declare bankruptcy, the energy firm...
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