In the context of managerial accounting,relevant information
A)is information that will make a difference in the decision.
B)is information that has been provided by the controller.
C)must be provided in quantitative terms.
D)must be analyzed by the chief financial officer before being provided to managers.

Question

Quizplus · Accepted Answer

Relevant information is information that makes a difference in a decision. It may or may not be quantitative, and it does not necessarily have to come from the controller or be analyzed by the CFO. Its relevance is determined by its impact on the decision being made.

In the Context of Managerial Accounting,relevant Information