Which of the following is an objective of management accounting?
A)to prepare external reports for investors, creditors, government agencies, and other outside users
B)to provide information for the costing of services, products, and other objects of interest to management
C)to provide tax information for planning, controlling, evaluating, and continuous improvement
D)to provide information for investment decision making

Question

Quizplus · Accepted Answer

The objective of management accounting is to provide information for internal use by management in planning, controlling, evaluating, and continuous improvement of services, products, and other objects of interest to the organization. The other options (A, C, D) are objectives of financial accounting, tax accounting, and financial management, respectively.

Which of the Following Is an Objective of Management Accounting