Management accounting information is regulated by:
A) Legislation and accounting standards
B) Accounting standards and audit
C) Legislation, accounting standards and audit
D) No one

Question

Quizplus · Accepted Answer

Management accounting information is not regulated by any specific legislation, accounting standards, or audits. It is internally focused and tailored to the needs of an organization's management, unlike financial accounting which is regulated and standardized to ensure comparability for external stakeholders.

Management Accounting Information Is Regulated By