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Examveda

The branch of accounting which analyses and interprets the overall data is ________

A. Financial accounting

B. Cost accounting

C. Management accounting

D. None of these

Answer: Option C

Solution(By Examveda Team)

Management accounting also is known as managerial accounting and can be defined as a process of providing financial information and resources to the managers in decision making. Management accounting is only used by the internal team of the organization, and this is the only thing which makes it different from financial accounting.

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