Ultimately most companies exist to provide financial rewards to owners

Question

Quizplus · Accepted Answer

Corporate strategy plays a crucial role in determining the goals and objectives of a company, which in turn affects the management accounting practices. The ultimate goal of most companies is to generate profits and provide financial rewards to their owners. Therefore, understanding the impact of corporate strategy on management accounting is essential for companies to make informed decisions and achieve their financial objectives.

Ultimately Most Companies Exist to Provide Financial Rewards to Owners