What is the primary objective of management accounting?
A)to provide stockholders and potential investors with useful information for decision making
B)to provide banks and other creditors with information useful in making credit decisions
C)to provide management with information useful for planning and control of operations
D)to provide the Canada Revenue Agency with information about taxable income

Question

Quizplus · Accepted Answer

The primary objective of management accounting is to provide management with information useful for planning and control of operations. While management accounting information may be useful to outside parties such as investors, creditors, and the Canada Revenue Agency, the primary focus is on providing information to support internal decision making.

What Is the Primary Objective of Management Accounting