Which of the following statements is correct?
A) The primary objective of a firm's management is to increase firm value.
B) The management accounting system needs to accumulate information from both internal and external sources.
C) Managers may be faced with a conflict between increasing customer value and increasing shareholder value.
D) All the given statements are correct.

Question

Quizplus · Accepted Answer

All the given statements are correct as they reflect common objectives and challenges in management and accounting practices.

Which of the Following Statements Is Correct