It is the function of management accounting to perform the following activities,except:
A)Financial forecasts.
B)Cost accounting.
C)Internal audits.
D)Audited financial statements.

Question

Quizplus · Accepted Answer

Management accounting is not responsible for preparing audited financial statements. This task falls under the purview of external accounting firms or auditors. The other activities mentioned, including financial forecasts, cost accounting, and internal audits, are essential functions of management accounting.

It Is the Function of Management Accounting to Perform the Following