Management accounting systems should provide:
A) Up to date, accurate and detailed reports
B) Up to date reports that are useful for decision making
C) Up to date reports at a cost that does not outweigh their usefulness in decision making

Question

Quizplus · Accepted Answer

Management accounting systems should provide reports that are not only up to date and useful for decision making but also cost-effective, ensuring the benefits of the information outweigh the costs of obtaining it.

Management Accounting Systems Should Provide