State the name of the specialised field of accounting for each of the descriptions given below. a) It is concerned with the provision and the use of accounting information to managers within the organisation to provide them with the basis to make informed decisions.
b) It is a specialised branch of accounting that keeps track of companies' financial transactions.

word list:
general accounting
private accounting
public accounting
government accounting
cost accounting
budgeting
taxation accounting
management consultants
auditing

Please give correct answers and I will mark your answer brainliest.
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a) Cost accounting: it is concerned with the provision and the use of accounting information to managers within the organisation to provide them with the basis to make informed decisions.

b) Public accounting: it is a specialised branch of accounting that keeps track of companies' financial transactions.

Explanation:

Cost accounting also known as managerial accounting is an accounting technique that's focused on the identification, measurement, analysis, interpretation, and communication of financial information to managers for better decisions making and pursuit of the organization's goals.

Basically, cost accounting systems is an accounting system that is used by an organization to report both monetary and nonmonetary information.

Public accounting is an accounting technique that's typically used for analyzing, summarizing and reporting of financial transactions such as sales costs, purchase costs, payables and receivables of organizations (companies) using standard financial guidelines such as Generally Accepted Accounting Principles (GAAP).

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