Daniel Mutiso, the Cost Accountant of Abra Ltd. feels that he is getting overworked and has recommended that a management accountant be employed to take up...

Daniel Mutiso, the Cost Accountant of Abra Ltd. feels that he is getting overworked and has
recommended that a management accountant be employed to take up other responsibilities in the
organization.

However, the management of the company equally argues that the work is the same and that a
decision to hire a management accountant is against their cost reduction policy.

Required:

In the light of the above statement, explain to the management three differences between management
accounting and cost accounting to help them make a fair decision.

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marto answered the question on February 15, 2019 at 07:29

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  Date posted: February 15, 2019 .    Answers (1)