Management Accounting

question 52

Multiple Choice

Management accounting:

• A) provides a framework to evaluate information in light of an organisation's goals.
• B) provides relevant information to managers.
• C) provides relevant information to meet specific needs of persons inside the organisation.
• D) all of the above

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Definitions:

Investment

The action or process of allocating resources, usually money, with the expectation of generating an income or profit.

Aggregate Demand

The total demand for goods and services within an economy at a given overall price level and in a given time period.

Conclusions

The summary of findings or the final arguments presented after an analysis or discussion.

Apparatuses

A set of materials or equipment designed for a particular use or function.