The following are basic characteristics of management accounting, except A. It is future-oriented. B. It is used by both the external and internal stakeholders C. It may use non-financial data or information D. It complies with generally accounting principles.
The following are basic characteristics of management accounting, except A. It is future-oriented. B. It is used by both the external and internal stakeholders C. It may use non-financial data or information D. It complies with generally accounting principles.
Chapter1: Accounting As A Tool For Managers
Section: Chapter Questions
Problem 10MC: Which of the following statements is incorrect? The practice of management accounting is fairly...
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Question
The following are basic characteristics of management accounting, except
A. It is future-oriented.
B. It is used by both the external and internal stakeholders
C. It may use non-financial data or information
D. It complies with generally accounting principles.
(choose letter only)
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