It is the function of management accounting to perform the following activities,except:
A)Create financial forecasts.
B)Perform cost accounting.
C)Complete internal audits.
D)Audit financial statements.

Question

Quizplus · Accepted Answer

Management accounting does not perform the external audit of financial statements. This is typically conducted by external auditors who are independent of the company being audited. Management accounting focuses on providing financial information for internal decision-making, such as creating financial forecasts, performing cost accounting, and completing internal audits.

It Is the Function of Management Accounting to Perform the Following