Answered: Some of the limitations of management…

Some of the limitations of management accounting are listed below: - Based on historical data - Lack of wide knowledge - Not a substitute of management - Costly system Select one: True v False

Accounting Information Systems

10th Edition

ISBN:9781337619202

Author:Hall, James A.

Publisher:Hall, James A.

Chapter7: The Conversion Cycle

Section: Chapter Questions

Problem 9MCQ: Which of the following statements regarding traditional accounting is true? a. Traditional...

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Question

Some of the limitations of
management accounting are listed
below:
- Based on historical data
- Lack of wide knowledge
- Not a substitute of management
- Costly system
Select one:
True v
False

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