Which statement refers best to management accounting information?
A)It primarily measures and records business transactions.
B)The audience tends to be shareholders,creditors,and tax authorities.
C)There are no regulations governing the reports.
D)The reports are generally delayed and historical.

Question

Quizplus · Accepted Answer

Management accounting information is not governed by strict regulations like financial accounting, allowing for more flexibility in the reports generated for internal use.

Which Statement Refers Best to Management Accounting Information