Which of the Following Is Not an Objective of Management

question 4

Multiple Choice

Which of the following is not an objective of management accounting?

• A) Providing information for making decisions
• B) Providing information for planning
• C) Providing information for control
• D) Providing information for profit and loss statements

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Definitions:

Absolute Obligation

A duty or responsibility that is not subject to any conditions and must be fulfilled under all circumstances.

Equitable Remedies

Court-enforced actions directed at a party in a civil lawsuit, aimed at correcting a legal wrong or injustices, such as orders for specific performance, injunctions, and rescissions.

Anticipatory Breach

A declaration or act by one party to a contract that they do not intend to fulfill their future obligations, allowing the other party to take legal action before the breach occurs.

Implied Condition

An implied condition refers to a term not explicitly stated in a contract but considered to be included and necessary for the fulfillment of the contract's purpose.