Which of the Following Is Generated Through Management Accounting Rather

question 39

Multiple Choice

Which of the following is generated through management accounting rather than financial accounting?

• A) profit and loss statement
• B) cash flow statement
• C) balance sheet
• D) profitability reports
• E) statement of retained earnings

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Definitions:

Ethics Competency

The skill to grasp and employ ethical guidelines and criteria in the decision-making procedure.

Stakeholder Ethics

The moral principles and values that should guide the interactions and decisions involving all parties with an interest in an organization.

Credo

A statement of the beliefs or aims that guide someone's actions.

Final Responsibility

The ultimate accountability for an action or decision, typically held by a leader or highest authority in an organization.