Which of the following statements about management accounting is correct?
A) Management Accounting follows strict rules
B) Management Accounting is purely a financial tool
C) Management Accounting cannot be used for qualitative analysis
D) Management Accounting techniques are being developed to meet different needs

Question

Quizplus · Accepted Answer

Management Accounting is still being developed. Technology allows greater analysis of the use of resources. It is not just about the money; it is about development, production and quality. It can even be used for qualitative measures such as customer satisfaction.

Which of the Following Statements About Management Accounting Is Correct