Which TWO of the following are Global Management Accounting Principles?
A: Stewardship provides insight that is influential.
B: Communication builds trust.
C: Impact on value is analysed.
D: Information is relevant.
A: Stewardship provides insight that is influential.
B: Communication builds trust.
C: Impact on value is analysed.
D: Information is relevant.
举一反三
- Which two are the objectives of accounting（ ）. A: Stewardship Approach B: decision-usefulness approach C: accounting management activities D: accounting information system
- Which TWO of the following statements regarding management accounting are correct? A: Management accounting tends to focus on the needs of external stakeholders. B: Management accounting information can be presented in any format. C: The main purpose of management accounting is to produce the statutory financial statements for the entity. D: Management accounting is carried out at the discretion of management.
- Which of the following statements is false？（ ） A: Financial accounting information can be used for internal reporting purposes. B: Cost accounting can only be used to provide inventory valuations for internal reporting. C: Management accounting provides information relevant to decision making, planning, control and evaluation of performances. D: Routine information can be used to make decisions regarding both the long term and the short term.
- Which of the following factors increase the credibility of accounting<br/>communication?() A: Accounting standards and auditing B: Monitoring by financial analysts C: Management reputation D: All of the above
- Which of the following are related to management accounting? A: Uses only historical data B: Is carried out at the discretion of management C: Uses non-financial information D: Aids planning within the organization