Which of the Following Statements Regarding Management Accounting Information Is

question 48

Multiple Choice

Which of the following statements regarding management accounting information is false?

• A) The cost of providing the information must be considered in the light of the benefits received from the information.
• B) All information derived is necessary despite the cost.
• C) The information entails both costs and benefits.
• D) The cost of the information includes the time spent by the user to read, understand and use the information.

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Definitions:

Weathering Of Rock

The process by which rocks are broken down by physical, chemical, or biological means, contributing to soil formation.

Atmospheric Carbon Dioxide

CO2 present in Earth's atmosphere, essential for the photosynthesis process in plants but also a significant greenhouse gas contributing to global warming.

Monocot

A classification of flowering plants (angiosperms) characterized by having one cotyledon, parallel leaf veins, and flower parts usually in multiples of three.

Eudicot

A major group of flowering plants that are characterized by having two seed leaves, or cotyledons, and usually a broad range of floral arrangements.