All of the following actions enhance the new focus on making management accounting information more relevant in helping a firm achieve strategic goals,except:
A)Increasing emphasis on the management accountant as a business partner.
B)Increasing emphasis on external financial reporting.
C)Decreasing emphasis on financial statement inventory cost valuation.
D)Increasing emphasis on timely and useful information.
E)Increasing emphasis on detailed and accurate costing methods such as ABC costing.

Question

Quizplus · Accepted Answer

Increasing emphasis on external financial reporting does not enhance the focus on making management accounting information more relevant in helping a firm achieve strategic goals. Instead, it relates more to financial accounting and meeting regulatory requirements, which is not directly related to strategic planning and decision-making. The other options all relate to improving the relevance and usefulness of management accounting information in supporting strategic goals.

All of the Following Actions Enhance the New Focus on Making