All of the following actions enhance the new focus on making management accounting information more relevant in helping a firm achieve strategic goals, except:
A)Increasing emphasis on the management accountant as a partner in management decision making.
B)Increasing emphasis on external financial reporting.
C)Decreasing emphasis on financial statement analysis.
D)Increasing emphasis on the use of cost information for competitive advantage.

Question

Quizplus · Accepted Answer

Increasing emphasis on external financial reporting does not directly enhance the relevance of management accounting information for achieving strategic goals. Management accounting focuses on internal decision-making and strategies, while external financial reporting is aimed at providing information to external stakeholders.

All of the Following Actions Enhance the New Focus on Making