Final answer:
Management accounting information is true for helping with the coordination of elements of the value chain, providing internally focused information useful for decision-making and efficiency within a company.
Step-by-step explanation:
The correct answer to the question of which of the following is true of management accounting information is D) It helps with the coordination of elements of the value chain. Unlike financial accounting, management accounting is not primarily concerned with recording past business actions (Option A), nor is it regulated by SEC rules and FASB accounting principles (Option B), as those pertain to financial accounting which is aimed at external reporting. Management accounting is also not specifically prepared for shareholders (Option C), who are typically more interested in financial statements. Instead, management accounting is internally focused and provides information that is useful in making business decisions, planning, and improving efficiency and effectiveness within the company. It aids in the coordination of the various parts of the value chain, which includes activities such as design, production, marketing, and distribution that create value for customers.