Managers use management accounting information to ________ strategy.
A)choose
B)communicate
C)implement
D)All of these answers are correct.

Question

Quizplus · Accepted Answer

Managers use management accounting information to choose strategies, communicate strategies, and implement strategies. Choosing a strategy involves analyzing data and information gathered from management accounting reports to make informed decisions about which course of action will be most effective for achieving the organization's goals. Communication involves sharing management accounting information with relevant parties in the organization, such as department heads or employees, to ensure that everyone is on the same page and working towards the same objectives. Implementation involves using management accounting information to put strategies into action and monitor progress towards their achievement. Thus, all three choices are correct.

Managers Use Management Accounting Information to ________ Strategy