The information provided by managerial accountants is not distributed to the general public because
A)To do so could provide competitors with vital information about corporate strategies and capabilities.
B)To do so would be against the Institute of Management Accountants' code of conduct.
C)To do so would be against generally accepted accounting principles.
D)To do so would violate federal trade laws.

Question

Quizplus · Accepted Answer

Managerial accounting information is intended for internal use by managers to make informed decisions about their company. If this sensitive information were to be made public, competitors could use it to gain an advantage and potentially harm the company's competitive position. Therefore, it is important to keep it confidential.

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