The information provided by managerial accountants is not disseminated to the general public because
A)To do so would violate federal trade laws
B)It would be too expensive to distribute the information
C)To do so would provide competitors with vital information about corporate strategies and capabilities.
D)All of these ans choices are reasons managerial accounting information is not disseminated to the general public.

Question

Quizplus · Accepted Answer

Managerial accounting information is often confidential and contains competitive information about corporate strategies, capabilities, and financial performance. Disseminating this information to the general public could provide competitors with an advantage, therefore it is kept confidential. Additionally, there are no federal trade laws prohibiting the dissemination of managerial accounting information, and distribution costs would not be a significant hindrance. Hence, choice C is the best answer.

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