Which of the following is NOT an objective of management accounting?
A) To provide information to business managers to assist them in planning for their business
B) To provide information to business managers to assist them in controlling their business
C) To provide information to shareholders to assist them with their investment decisions
D) To assist business managers with respect to providing a return to the owners of the business

Question

Quizplus · Accepted Answer

Management accounting is used internally within an organization to assist managers with decision-making related to planning and controlling the business. It is not intended for external stakeholders like shareholders to make investment decisions. Therefore, providing information to shareholders is not an objective of management accounting.

Which of the Following Is NOT an Objective of Management