Management accounting reports tend to contain:
A)both financial and non-financial information.
B)financial information only.
C)information that complies with the accounting standards.
D)non-financial information only.

Question

Quizplus · Accepted Answer

Management accounting reports are designed to provide relevant and timely information to internal stakeholders to make informed strategic decisions. These reports may contain both financial and non-financial information, such as sales data, customer satisfaction scores, and employee productivity metrics. Non-financial information is often qualitative in nature and cannot be easily quantified in monetary terms, but it can provide valuable insights for decision-makers. Therefore, the best choice is A.

Management Accounting Reports Tend to Contain