Which of these are is not included within the scope of current management accounting?
A) Consideration of environmental issues
B) Consideration of intangible assets
C) Compliance with international accounting standards
D) None of the above, i.e. all are included within the scope of current management accounting

Question

Quizplus · Accepted Answer

Compliance with international accounting standards is primarily the concern of financial accounting rather than management accounting. Management accounting focuses on internal decision-making and may consider environmental issues, intangible assets, and other factors to aid in strategic planning and operational efficiency, but it does not directly deal with compliance to international accounting standards, which is a requirement for financial accounting to ensure consistency and comparability of financial statements across borders.

Which of These Are Is Not Included Within the Scope