If a man takes 25 minutes to reach railway station and his train is scheduled at “$%”. Then at what time should he leave to reach the station 10 minutes earlier?
Scheduled time of train = “$% = 5:20 To reach station 10 minutes earlier = 5:20 – 10 minutes = 5:10 Man take 25 minutes to reach station = 5:10 – 25 minutes = 4:45 = “%#”
Managerial accounting information is generally prepared for managers of an organization. It is also known as cost accounting, is the process of identifying, measuring, analyzing, interpreting, and communicating information to managers for the pursuit of an organization's goals.