Management accounting information is BEST described as:
A)providing a signal that something is wrong.
B)identifying and helping to explain what is wrong.
C)simply summarizing information, but giving no indication that anything is wrong.
D)measuring overall organizational performance.

Question

Quizplus · Accepted Answer

Management accounting information is primarily used to identify and explain issues or problems in an organization's financial performance, rather than simply summarizing information or measuring overall performance. It is also used to help managers make informed decisions and develop strategies to improve efficiency and profitability. Therefore, option B is the most accurate choice.

Management Accounting Information Is BEST Described As