Which of the Following Statements Is FALSE

Multiple Choice

Which of the following statements is FALSE?

A) Management accounting includes creating reports for management decision making purposes, such as the balanced scorecard.
B) Financial accounting includes creating reports for external stakeholders, such as the income statement and balance sheet.
C) Cost accounting includes creating reports associated with the conversion process, such as purchasing reports.
D) Responsibility accounting includes creating reports for responsible parties, such as XBRL instance documents.