Accounting information is, first and foremost, management information.

Name: Accounting information is, first and foremost, management information.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Accounting information is primarily used by management to make informed decisions about the organization's finances and operations. While stakeholders outside of the organization may also use accounting information, it is primarily intended for internal management purposes.

Accounting Information Is, First and Foremost, Management Information