Question
8. Which of the following statements about financial accounting and management accounting is/are likely to be true? Note: multiple answers possible. Group of answer choices
8. Which of the following statements about financial accounting and management accounting is/are likely to be true?
Note: multiple answers possible.
Group of answer choices
When providing management accounting information to management, it is important to provide estimates that have been verified for accuracy by an external party
None of the statements are true
Management accounting reports both financial and non-financial information
The main users of a firm's financial accounting information is the management of that firm.
It is more important for management accounting information to be available when needed rather than exact.
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