Economics · Management Accounting
Are the following statements relating to management accounting information true or false? 1. There are no strict statutory rules governing the format in which the information is presented. 2. Information is produced exclusively for external users.
- 1Both statements are false
- 2Both statements are true
- 3Statement 1 is false and statement 2 is true
- 4Statement 1 is true and statement 2 is false✓
Correct answer
Statement 1 is true and statement 2 is false
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