📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

  • google app store apple app store
  • ✖

      Question

      Which of the following is not an objective of management

      accounting?
      A Formulation of plans and policy Correct Answer Incorrect Answer
      B Assisting in decision making Correct Answer Incorrect Answer
      C Preparation of financial statements Correct Answer Incorrect Answer
      D Interpretation of financial documents Correct Answer Incorrect Answer

      Solution

      Management accounting is primarily concerned with providing information and analysis to assist in the formulation of plans and policies, assisting in decision making, and interpreting financial documents. It does not involve the direct preparation of financial statements, which is typically the responsibility of financial accounting.

      Practice Next
      ask-question