[Solved] The primary objective of management accounting is

Q.	The primary objective of management accounting is
A.	to provide shareholders and potential investors with useful information for decision making.
B.	to provide banks and other creditors with information useful in making credit decisions.
C.	to provide management with information useful for planning and control of operations.
D.	to provide the relevant taxation authorities with information about taxable income.
Answer» C. to provide management with information useful for planning and control of operations.

949

Do you find this helpful?

View all MCQs in

Management Accounting

Discussion

No comments yet

Related MCQs

Which of the following statements are false about management accounting? (i) Management accounting is concerned with historical events. (ii) Management accounting is related only with such instances which can be expressed in monetary terms. (iii) Management accounting is a part of Financial Management (iv) Management accounting information can be disclosed to outsiders.
Which of the following is true about management accounting? A) Management accounting is associated with presentation of accounting data. B) Management accounting is extremely sensitive to investors needs.
Which of the following is true about management accounting? (i) Management accounting is associated with presentation of accounting data. (ii) Management accounting is extremely sensitive to investors needs.
The management accounting can be stated an extension of A) Cost Accounting B) Financial Accounting C) Responsibility Accounting
The management accounting can be stated an extension of (i) Cost Accounting (ii) Financial Accounting (iii) Responsibility Accounting
Management Accounting is and financial accounting differ in that management accounting information is prepared –
Management accounting and financial accounting differ in that management accounting information is prepared
Management accounting and financial accounting differ in that management accounting information is prepared
The management accounting can be stated an extension of I)Cost Accounting II)Financial Accounting
Which statement is true.I)Financial accounts are prepared according to Accounting Standards. II)Management Accounting reports are also prepared according to accounting standard.