Question

Which of the following statements refers to management accounting information?

A) There are no regulations governing the reports.
B) The reports are generally delayed and historical.
C) The audience tends to be stockholders, creditors, and tax authorities.
D) It primarily measures manager's compensation on reported financial results.

Answer 1

Option C) The audience tends to be stockholders, creditors, and tax authorities.

Step-by-step explanation:

The statement that refers to management accounting information is option C) The audience tends to be stockholders, creditors, and tax authorities.

Management accounting information is the financial data and reports that are used by internal decision-makers, such as managers and executives, to make informed business decisions. It is not regulated like external financial reporting and its primary audience includes stockholders (shareholders), creditors, and tax authorities.