Which one of the following characteristics describes the overriding objective of the production of cost and management information? Cost and management information should be:

Question

Quizplus · Accepted Answer

The overriding objective of the production of cost and management information is to provide useful information that assists management in making effective decisions. While the other characteristics listed (concise, comparable, detailed) may also be important, they are not as essential as providing information that is useful for decision-making.

Which One of the Following Characteristics Describes the Overriding Objective