Capital Investment Decision Techniques? For the above topic selected, present re

Question

Capital Investment Decision Techniques?

For the above topic selected, present real world examples of the application of managerial accounting techniques within a business or organization. Examples may be gathered from your own professional experiences or from case studies obtained from credible sources (excluding textbook examples explored in previous weeks). Presentation of each example should include how a managerial accounting technique was applied in the business or organization’s decision-making model. Be sure to support your example with calculations when applicable.

please do not plagiarize from cousrehero or any other site .

Report the references of any scholarly written paper or book .

Explanation / Answer

Management accounting techniques includes some of the traditional methods such as standard costing, JIT purchase that is just in time, ABC analysis Activity based costing, cost volume profit analysis, bench marking and target costing.

Important tools and techniques used in            management accounting are:

Management accounting techniques are equipped to organizational managers in making decisions and dealing with the operational matters such as order tracking, delivering taking etc.

One of the major techniques is that it helps in comparing the actual results with the pre planned budgets and identify the areas of improvement.

It is very renowned for its extensive use in incorporating costing, financial & non financial data.

The abilities and capacities of an organization through effective and efficient use of organizational resources are introduced as the important tool for improving the organizational performance.

The management accounting technique is used in following ways:

The IT based management accounting system helps in providing relevant information and insight to the management and the shareholders who are in positions to make budgets investment decisions and long term planning

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