Management accounting and financial accounting differ in that management accounting information is prepared | Faculties

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Shiva Ram

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📊 Management Accounting

Q. Management accounting and financial accounting differ in that management accounting information is prepared

(A) following prescribed rules.
(B) using whatever methods the company finds beneficial.
(C) for shareholders.
(D) to summarize the whole company with little detail.

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✅ Correct Answer: (B) using whatever methods the company finds beneficial.

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