Managerial accounting activity comprises a set of tools, systems and perspectives that add value to an organization by supporting ﬁve major objectives.Which one of these is not a supporting objective?
A)Provide information for decision making and planning.
B)Assist managers in directing and controlling operational activities.
C)Motivate managers and other employees toward the organization's goals.
D)Assess an organization's competitive position and long-term managerial efforts .
E)Focus on activities that occur at the top level of the organization.

Question

Quizplus · Accepted Answer

The statement "Focus on activities that occur at the top level of the organization" does not accurately describe the objectives of managerial accounting. Instead, managerial accounting activities are used to support decision making, control operational activities, motivate employees, and assess competitive position and long-term efforts at all levels of the organization.

Managerial Accounting Activity Comprises a Set of Tools, Systems and Perspectives