Discuss the various steps required for the Installation of Management Accounting System in an organisation.
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Discuss the various steps required for the Installation of Management Accounting System in an organisation.
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Answer:
Steps in installation of Management Accounting System
Preparation of Organization Manual. ...
Appointment and Training of Employees. ...
Preparation of Various Forms and Reports. ...
Classification and Codification of Accounts. ...
Setting up of Cost Centres. ...
Integration of Cost and Financial Data.
Explanation:
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Steps in installation of Management Accounting System
Preparation of Organization Manual.
Appointment and Training of Employees.
Preparation of Various Forms and Reports.
Classification and Codification of Accounts.
Setting up of Cost Centres.
Integration of Cost and Financial Data.
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