The statement concerning differences between financial and management accounting which is false is:
A)management accounting is less constrained than financial accounting.
B)managers have much more control over the form and content of their reports.
C)there is no overlap between management accounting and financial accounting.
D)the distinction between the two areas, to some extent, reflects differences in access to financial information.

Question

Quizplus · Accepted Answer

There is overlap between management accounting and financial accounting as both deal with financial information.

The Statement Concerning Differences Between Financial and Management Accounting Which