MANAGEMENT ACCOUNTING
\mˈanɪd͡ʒmənt ɐkˈa͡ʊntɪŋ], \mˈanɪdʒmənt ɐkˈaʊntɪŋ], \m_ˈa_n_ɪ_dʒ_m_ə_n_t ɐ_k_ˈaʊ_n_t_ɪ_ŋ]\
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To make day-to-day and short-term decisions managers require accurate and timely financial and statistical information in the process of preparing management reports and accounts.
By Henry Campbell Black
Word of the day
Snake's-head
- Guinea-hen flower; -- so called in England because its spotted petals resemble the scales of a snake's head.