Which of the Following Types of Information Are Used in Management

question 95

Multiple Choice

Which of the following types of information are used in management accounting?

• A)financial information
• B)nonfinancial information
• C)information focused on the long term
• D)All of these answers are correct.

---

Definitions:

Transfer Prices

Prices charged for the sale of goods or services between departments or subdivisions of the same company.

Variable Cost

Expenses that fluctuate in direct proportion to the production or sales volume, including the costs of raw materials and direct labor.

Outside Supplier

A company or entity that provides goods or services to another company but is not part of that company's corporate structure.

Packing And Shipping Costs

Expenses associated with preparing and sending goods to customers, including materials for packing and freight charges.