A bookkeeper employed at DFG Stores, a small family retail firm, seeks clarification on the differences between the cost accounting and management accounting aspects in her role.

Which of the following statements provides the best response to her inquiry?

OA$.$ The cost accounting aspect of her job is concerned with internally allocating costs for decision$-$making purposes, while the management accounting aspect primarily involves preparing financial statements for external stakeholders of DFG Stores.

B$.$ The cost accounting aspect of her job represents a subset of management accounting, focusing on specific cost$-$related transactions, whereas the management accounting aspect encompasses all financial transactions of DFG Stores.

OC$.$ The cost accounting aspect of her job primarily concentrates on providing information for internal decision$-$making and control, while the management accounting aspect involves the accumulation, analysis, and interpretation of financial data for planning, control, and decision$-$making purposes at DFG Stores.

OD$.$ The cost accounting aspect of her job relates to recording, analysing, and allocating costs related to the retail processes at DFG Stores, while the management accounting aspect involves evaluating the financial performance of the firm to allow management to make strategic decisions of the firm.