Question

Financial accounting provides a historical perspective, whereas management accounting emphasizes: Multiple Choice a current perspective. the future. past transactions.

Answer 1

The correct answer is letter "A": current perspective.

Step-by-step explanation:

Management Accounting is internally-based accounting that helps managers measure the results of their current and future decisions. This is in contrast to financial accounting which emphasizes more general, higher-level financial results of the company. One common managerial accounting tool is determining the profit margin of each of the company's products.