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Which of the following statements is correct? A Financial accounting is primarily forward looking . Management accounting focuses on external reporting and involves the analysis
Which of the following statements is correct?
A Financial accounting is primarily forward looking
Management accounting focuses on external reporting and involves the analysis and interpretation of
accounting information to help managers make informed operational decisions
C Management accounting involves the provision of financial and nonfinancial decisionmaking information
to managers
D Costs must be collected, classified and analysed so that it may assist shareholders with management and control
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