Final answer:
Management accounting information is used by various organizations, not just manufacturing organizations.
Step-by-step explanation:
False
Management accounting information is not only used by manufacturing organizations. It is a branch of accounting that provides financial and non-financial information to internal users to help them make decisions. While manufacturing organizations may use management accounting extensively to monitor costs and improve operations, management accounting is also used by service organizations, nonprofit organizations, and government entities.
For example, a service organization such as a hotel may use management accounting information to track room occupancy rates, analyze customer feedback, and determine the profitability of different services offered.