General Studies · Cost Accounting
Which of the following statements about management accounting information are true? 1. It may include non-financial information. 2. It is required by law to be produced. 3. It is used to aid internal planning and decision-making. 4. It is primarily produced for external parties.
- 1Statements 1 and 3 only✓
- 2Statements 1 and 2 only
- 3Statements 2 and 4 only
- 4Statements 3 and 4 only
Correct answer
Statements 1 and 3 only
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