Management Accounting

Management accounting:

A) focuses on measuring,analyzing,and reporting financial and nonfinancial information to help managers estimate future revenue,costs,and other measures to forecast activities and formulate strategies to increase the competitive advantage of the organization.
B) financial-information purpose is to communicate organization's financial position to investors,banks,regulators,and suppliers.
C) focus and emphasis is on past-oriented reports.
D) rules of measurement reporting require financial statements to be prepared in accordance of GAAP.
E) behavioral information primarily reports economic events,but also influences behavior because manager's compensation is often based on reported financial data.

Correct Answer:

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