Focus of the Final Paper Due to varying businesscharacteristics the managerial accounting techniques applied ineach business may differ. For example a business in the start-upphase may rely heavily upon budgeting and capital investmenttechniques; whereas a business in the mature/maintaining phase mayrely heavily upon cost management and quality control. Ultimatelythe techniques used by management should assist the business inachieving its short-term and long-term goals through effectivedecision-making.