Management accounting:
A) is both retrospective, providing feedback about past operations, and also prospective, incorporating forecasts and estimates about future events.
B) is primarily oriented to external stakeholders.
C) must be consistent with rules formulated by the Financial Accounting Standards Board (FASB) .
D) provides information that is generally available only on a quarterly or annual basis.
Correct Answer:
Verified
Q6: Management accounting is subject to the rules
Q7: Management accounting information includes all of the
Q8: Information about customer satisfaction is an example
Q9: Management accounting has no prescribed rules about
Q10: Management accounting information is sometimes predictive and
Q12: The International Accounting Standards Board sets the
Q13: Which of the following would be considered
Q14: Management accounting measures can provide advance warnings
Q15: Management accounting reports might include information about:
A)customer
Q16: The person MOST likely to use ONLY
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