Decisions made using management accounting information are made in the context of:
A) Whether those decisions are likely to lead to shareholder value in the longer term
B) How those decisions will appear when they are reported in the annual financial statements
C) Both a and b above
D) None of the above. Management accounting information has no relevance to shareholder value or financial statements

Question

Quizplus · Accepted Answer

Management accounting information is used to make decisions that are expected to lead to long-term shareholder value (A) and also considers how those decisions will be reflected in the annual financial statements (B).

Decisions Made Using Management Accounting Information Are Made in the Context