Management accounting reports tend to contain:
A) non-financial information only.
B) information that complies with the accounting standards.
C) both financial and non-financial information.
D) financial information only.

Question

Quizplus · Accepted Answer

Management accounting reports typically include both financial and non-financial information, such as budgets, forecasts, performance metrics, and qualitative analyses. This type of information is used by managers to make informed decisions and monitor the performance of their organization. While the reports may comply with accounting standards, their main focus is on providing valuable insights and analysis to support management decision-making.

Management Accounting Reports Tend to Contain