Which BEST Describes the Purpose of a Management Accounting and Control

Multiple Choice

Which BEST describes the purpose of a management accounting and control system (MACS) ?

A) A MACS defines the value chain and identifies nonvalue-added activities for a business.
B) A MACS helps decision makers determine whether strategies and objectives are being met.
C) A MACS offers a system of controls to ensure employees are meeting predetermined standards.
D) A MACS provides a signal for management attention when areas are out-of-control.