The Primary Goal of Management Accounting Is To

question 44

Multiple Choice

The primary goal of management accounting is to:

• A) provide information that can be quantified in monetary terms.
• B) provide information that improves the quality of managers' decisions.
• C) provide information that conforms to the accounting regulations.
• D) provide information to shareholders.

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Definitions:

Adrenal Glands

Small glands located above the kidneys that produce a variety of hormones, including adrenaline and cortisol, which regulate metabolism, immune system, blood pressure, and response to stress.

Kidneys

Vital organs in the urinary system responsible for filtering waste from the blood, regulating electrolyte balance, and maintaining fluid balance.

Catecholamines

A class of chemicals containing epinephrine and norepinephrine.

Epinephrine

A chemical manufactured by the adrenal medulla that accounts for much of the hormone production of the adrenal glands; sometimes called adrenaline.