Which statement regarding management accounting is true ? Select one: O a. Management accounts are prepared for parties external to the organisation. O b. Concerned with the reporting of past data. O c. Concerned with providing information to shareholders. O d. Prepare plans and forecasts for the future activities of the business.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Which statement regarding management
accounting is true ?
Select one:
O a. Management accounts are prepared
for parties external to the organisation.
O b. Concerned with the reporting of past
data.
O c. Concerned with providing
information to shareholders.
O d. Prepare plans and forecasts for the
future activities of the business.
Transcribed Image Text:Which statement regarding management accounting is true ? Select one: O a. Management accounts are prepared for parties external to the organisation. O b. Concerned with the reporting of past data. O c. Concerned with providing information to shareholders. O d. Prepare plans and forecasts for the future activities of the business.
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