All of the following actions enhance the new focus on making cost accounting information more relevant in helping a firm achieve strategic goals except:
A) increasing emphasis on the management accountant as a business partner.
B) increasing emphasis on external financial reporting.
C) decreasing emphasis on financial statement inventory cost valuation.
D) increasing emphasis on timely and useful information.

Question

Quizplus · Accepted Answer

Increasing emphasis on external financial reporting does not directly contribute to making cost accounting information more relevant for achieving strategic goals, as it focuses on compliance and reporting standards rather than internal decision-making and strategy alignment.

All of the Following Actions Enhance the New Focus on Making