Which of the following statements about management accounting are true? 1. It is concerned only with information obtained from the accounting records. 2. It is concerned with financial and non-financial information. 3. It can provide information useful for decision making. a. Some other option not listed here b. 1 and 2. c. 2 and 3. d. 2

Principles of Accounting Volume 2
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Chapter1: Accounting As A Tool For Managers
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Problem 10MC: Which of the following statements is incorrect? The practice of management accounting is fairly...
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Which of the following statements about management accounting are true?

1. It is concerned only with information obtained from the accounting records.

2. It is concerned with financial and non-financial information.

3. It can provide information useful for decision making.

 

 

a.

 

Some other option not listed here

 

 

b.

 

1 and 2.

 

 

c.

2 and 3.

d.

2

 

PLEASE EXPLAIN YOUR ANSWER 

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