Select the option that does not represent a difference between financial and management reporting.
A)The level of detail in the reports
B)Whether the reports are quantitative only or are both quantitative and qualitative
C)How up-to-date the report is
D)Whether the reports are useful for decision-making

Question

Quizplus · Accepted Answer

Both financial and management reporting should be useful for decision-making. Therefore, option D does not represent a difference between the two types of reporting. Options A, B, and C all represent differences between financial and management reporting.

Select the Option That Does Not Represent a Difference Between