Indexes like the Global Reporting Index are not important for management accountants but are only used by financial accountants for external financial reporting.

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Quizplus · Accepted Answer

Management accountants also use indexes like the Global Reporting Index for internal decision-making, performance evaluation, and to ensure sustainability and corporate social responsibility practices align with global standards, which are increasingly important for all areas of accounting, not just external financial reporting.

Indexes Like the Global Reporting Index Are Not Important for Management