The Information Provided by Managerial Accountants Is Not Disseminated to the General

question 57

Multiple Choice

The information provided by managerial accountants is not disseminated to the general public because

• A)to do so would violate federal trade laws.
• B)it would be too expensive to distribute the information.
• C)to do so would provide competitors with vital information about corporate strategies and capabilities.
• D)external users only need information about a company's financial position, profitability, and cash flows.

---

Definitions:

Senior Leaders

High-ranking executives within an organization responsible for making significant decisions, setting strategic directions, and ensuring overall organizational success.

Australia

A country located in the Southern Hemisphere comprising the mainland of the Australian continent, the island of Tasmania, and numerous smaller islands.

Mentoring

Assigns early-career employees as protégés to more senior ones.

Senior Person

An individual who holds a higher position or rank within an organization, often associated with greater experience or tenure.