Which One of the Following Statements Does Not Describe Cost

Multiple Choice

Which one of the following statements does not describe cost and management accounting?

A) Cost and management accounting information is concerned with reporting outcomes of past events to users external to the organisation.
B) Cost and management accounting is concerned with reporting accounting and cost information to users within an organisation.
C) Cost and management accounting information is used to plan levels of production and activity in the future.
D) Cost and management accounting information is mostly concerned with the present and the future.