Which of the Following Statements About Making Decisions Is Correct

question 24

Multiple Choice

Which of the following statements about making decisions is correct?

• A)Only relevant financial information should be considered.
• B)All information should be considered in the final decision.
• C)Management should consider both relevant financial and non-financial information.
• D)Management accountants should provide the information, but they should not make recommendations.It is up to the managers to make decisions.

Grasp the purpose and methods of horizontal analysis for evaluating financial performance.

Comprehend the utility of common-size statements in financial analysis.

Recognize the structure and advantages of comparative financial statements.

Learn how to compute percent changes in financial analysis for period comparisons.