Which of the following statements is true?:
A) Managers have much the same information requirements as do investors
B) Strategy involves taking a longer term view about the sustainable performance of the business
C) Financial accounting is about creating shareholder value
D) Management accounting is concerned with reporting shareholder value to investors

Question

Quizplus · Accepted Answer

Strategy involves taking a longer-term view about how to sustain and improve the business's performance, rather than focusing solely on short-term financial metrics.

Which of the Following Statements Is True