Management accounting information of a company is primarily used by:
A)its customers to understand the pricing of the product.
B)its creditors to understand the credibility of the business.
C)its employees to plan and control operations.
D)its investors to make their investment decisions.

Question

Quizplus · Accepted Answer

Management accounting information is primarily used by the company's internal stakeholders such as employees, managers, and executives to plan and control operations. It includes financial and non-financial data to assist with decision-making and performance evaluation. While customers, creditors, and investors may also have access to some management accounting information, their primary interest lies in other types of financial statements and reports.

Management Accounting Information of a Company Is Primarily Used By