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CIMA defines management accounting as: “The application of the principles of accounting and financial management to create, protect, preserve and increase value for the _____ of for-profit and not-for profit enterprises in the public and private sectors”. The most important thing an application requires before giving any income tax examination is the previous year’s question papers. Income Tax-II. 201,3 I Jan.2Ol4 Accounting for Management 'r).

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