Which of the Following Statements Is True About Management Accounting,compared

question 14

Multiple Choice

Which of the following statements is true about management accounting,compared with financial accounting?

• A) Management accounting provides financial reports to external parties that require information to meet their decision needs
• B) Management accounting is largely unregulated
• C) Management accounting attempts to protect the information rights and needs of all users
• D) Management accounting adopts a pro-regulation perspective

---

Definitions:

Excitement

A state of aroused enthusiasm, interest, or the emotional stimulation towards an activity or event.

Orgasm

The climax of sexual stimulation, characterized by intense pleasure and release of tension.

Self-Actualization

The motivation to develop one’s full potential as a human being—the highest and most elusive of Maslow’s proposed needs.

Esteem

A social psychological construct representing an individual’s overall subjective emotional evaluation of their own worth.