Which of the following are descriptions of cost and management accounting? Please select all that apply.
A) Future focus.
B) Reports on the past and present to inform the future.
C) External user focus.
D) Accounting data at the micro level.

Question

Quizplus · Accepted Answer

Cost and management accounting focuses on future planning and decision-making (A), uses past and present data to guide future actions (B), and provides detailed micro-level data for internal use (D). It is not primarily for external users (C).

Which of the Following Are Descriptions of Cost and Management