Which of these types of information are used in management accounting?
A)Financial information
B)Information focused on the long term
C)Non-financial information
D)All of these answers are correct.

Question

Quizplus · Accepted Answer

Management accounting uses financial information to develop strategies and make decisions related to the short-term and long-term goals of the organization. However, in addition to financial information, management accounting also incorporates non-financial information such as customer satisfaction, employee morale, and market trends to better inform decision-making. Therefore, all of the given choices are correct as they each represent a type of information used in management accounting.

Which of These Types of Information Are Used in Management