Managerial accounting information emphasizes relevance, more than reliability and objectivity.

Question

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Managerial accounting often focuses on providing timely and useful information to help managers make informed decisions, rather than necessarily prioritizing absolute accuracy or objectivity in the information provided. Thus, relevance can be viewed as more important than reliability and objectivity in this context.

Managerial Accounting Information Emphasizes Relevance, More Than Reliability and Objectivity