Multiple Choice
Which of the following statements are correct?
(i) Financial Accounting is required by law
(ii) Financial Accounting includes budgeting,forecasting and decision making
(iii) Management Accounting must follow a set pattern
(iv) Management Accounting includes budgeting,forecasting and decision making
A) (i) and (iv) are correct
B) (i) , (ii) and (iii) are correct
C) (i) , (ii) and (iv) are correct
D) All of them are correct
Correct Answer:

Verified
Correct Answer:
Verified
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