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May 10, 2023

    Management accounting is tool which is used by managers to determine organisational goals and objectives. It helps to make financial and non financial decisions which is required to deal with uncertainties that may occur in future. It is a process of recording business information which is provided to the internal stakeholders of the company to gain their trust. In management accounting various reports are generated to analyse the performance of the company. Its main objective is to get the insider and actual information of the business so that weak areas are identified and managers can plan for improvements in those areas (Abdelmoneim Mohamed and Jones, 2014). SDK Jewellers is a manufacturing company and its headquarter is in UK.

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