What is one constraint placed on the information provided by a managerial accounting system?
A)Generally Accepted Accounting Principles (GAAP)
B)SEC Regulations
C)Cost - Benefit
D)International Financial Reporting Standards (IFRS)

Question

Quizplus · Accepted Answer

Cost-Benefit is a constraint placed on the information provided by a managerial accounting system, meaning that the costs of generating the information should not outweigh the benefits derived from it. This constraint ensures that the information provided is cost-effective and adds value to the decision-making process. While GAAP, SEC Regulations, and IFRS are important accounting principles and regulations, they do not directly apply to the information provided by a managerial accounting system.

What Is One Constraint Placed on the Information Provided by a Managerial