Cost and management accounting reports: Please select all that apply.
A) Are produced as frequently as required for the effective management of organisations.
B) Present detailed analysis of costs and selling prices.
C) Are highly comparable with the reports of other organisations.
D) Present information in a fluid format.

Question

Quizplus · Accepted Answer

Cost and management accounting reports are produced as needed for effective management (A), provide detailed analysis of costs and selling prices (B), and present information in a flexible format to suit management needs (D). They are not necessarily comparable with reports of other organizations (C) due to differing internal processes and requirements.

Cost and Management Accounting Reports: Please Select All That Apply