All companies basically have the same strategy

Question

Quizplus · Accepted Answer

This statement is false. Companies have different strategies depending on their goals, industry, market position, and other factors. The corporate strategy influences the decisions made by managers regarding budgeting, investment, cost control, performance evaluation, and other areas of management accounting. Therefore, it is important to align the management accounting practices with the corporate strategy to support the achievement of the company's objectives.

All Companies Basically Have the Same Strategy