中国大学MOOC: The following statements relate to financial accounting or to cost and management accounting: (i) The main users of financial accounting information are external to an organisation. (ii) Cost accounting is part of financial accounting and establishes costs incurred by an organisation. (iii) Management accounting is used to aid planning, control and decision making. Which of the statements are correct?
举一反三
- The following statements relate to financial accounting or to cost and management accounting: (i) The main users of financial accounting information are external to an organisation. (ii) Cost accounting is part of financial accounting and establishes costs incurred by an organisation. (iii) Management accounting is used to aid planning, control and decision making. Which of the statements are correct? A: (i) and (ii) only B: (i) and (iii) only C: (ii) and (iii) only D: (i), (ii) and (iii)
- Which of the following is NOT a main focus of management accounting? A: Planning B: Control C: Financial statements D: Decision making
- 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.
- Managerial accounting targets external users of accounting information while financial accounting targets internal users of accounting information（）