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)to do so would violate federal trade laws and it would be too expensive to distribute the information.

Question

Quizplus · Accepted Answer

Managerial accounting information is mainly used for internal decision-making, and it includes sensitive financial and operational data that could give competitors an advantage if exposed. Therefore, the information is kept confidential and not disclosed to the general public. It has nothing to do with federal trade laws or the cost of distribution.

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