Solved

Which of the Following Characteristics Apply to Financial Accounting,and Which

Question 17

Multiple Choice

Which of the following characteristics apply to Financial Accounting,and which apply to Management Accounting?
(i) Required by law
(ii) Historic data
(iii) Information is only available within the organisation


A) (i) applies to Financial Accounting. (ii) and (iii) apply to Management Accounting
B) (i) , (ii) and (iii) apply to Financial Accounting only
C) (i) and (ii) apply to Financial Accounting. (iii) applies to Management Accounting
D) (i) , (ii) and (iii) apply to Management Accounting only

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions