The information provided by managerial accountants is not disseminated to the general public because
A)to do so would violate federal trade laws.
B)it would be too expensive to distribute the information.
C)to do so would provide competitors with vital information about corporate strategies and capabilities.
D)external users only need information about a company's financial position, profitability, and cash flows.

Question

Quizplus · Accepted Answer

The information provided by managerial accountants involves sensitive data about a company's operations, strategies, and capabilities, which can provide competitors with an advantage. Therefore, the information is usually kept confidential within the company and is not disseminated to the general public.

The Information Provided by Managerial Accountants Is Not Disseminated to the General