Which of the following statements most correctly completes the following sentence that identifies some of the limitations of traditional management accounting? 'Traditional management accounting focuses on .....'
A) financial performance measures, labour-related activity measures and cost elimination.
B) financial performance measures, volume-related activity measures and cost control.
C) non-financial performance measures, labour-related activity measures and cost elimination.
D) financial performance measures, labour-related activity measures, cost elimination, volume-related activity measures and cost control.

Question

Quizplus · Accepted Answer

Traditional management accounting is often criticized for its focus on financial performance measures, volume-related activity measures, and cost control, rather than incorporating broader perspectives such as non-financial performance measures.

Which of the Following Statements Most Correctly Completes the Following