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The branches of accounting are Management Accounting, Fund Accounting, Tax Accounting, Auditing, Financial Accounting, and Forensic Accounting. Management Accounting Assignment or homework is a task that requires detail knowledge and information about the topic.

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Certain application of the financial management techniques such as capital budgeting is used to help the financial managers in taking the decisions related to purchase of a new assets or replacing the existing one. Identifying the sources of financing: It is the responsibility of the financial management to identify the sources of financing.

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