Which of the Following Statements Is Not True

question 6

Multiple Choice

Which of the following statements is not true?

• A) Management accounting information is used across the entire value chain of activities.
• B) External accountants are expected to adhere to standards of ethical conduct.
• C) Management accounting does not play a vital role in the achievement of a company's goals and objectives.
• D) Management accounting information is used throughout the life cycle of products and services.

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Definitions:

Spontaneous

Occurring naturally, without being planned or premeditated, often resulting from a sudden impulse or inclination.

Nonprogrammed

Nonprogrammed decisions refer to responses made to situations that are unique, poorly defined and unstructured, and for which pre-specified processes are not applicable.

Role Ambiguity

A situation where an employee lacks clear understanding of their job duties, responsibilities, or expectations, leading to confusion and stress.

Overconfident

Having an excessively high opinion of one’s abilities, accuracy, or judgement.