accounting for management

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September 27, 2016 at 8:50 am #341859
adarsh1997
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Dear sir,
briefly could you explain what’s the difference between management control system and management accounting system?

Thanks.
September 27, 2016 at 11:37 am #341877
John Moffat
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Man accounting system is keeping records for management.

Man control system is using the information to exercise control e.g.by setting up a system of variance analysis.
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