management accounting

management accounting definition - finance
A system that provides company managers with financial information they use to monitor the companyÂ’s operations and make financing and investment decisions. The system enables managers to evaluate the companyÂ’s overall profitability as well as individual departmentsÂ’ income and expenses.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

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