Management accounting - Characteristics

Q.  Which of the following statements are false about management accounting?

A) Management accounting is concerned with historical events.
B) Management accounting is related only with such instances which can be expressed in monetary terms.
C) Management accounting is a part of Financial Management.
D) Management accounting information can be disclosed to outsiders.

- Published on 14 Sep 15

a. A, B and D
b. A, C and D
c. A, B and C
d. A, B, C, D

ANSWER: A, B and D

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