Which one of the below true statements is / are true?
(i) Management accounting prepares detailed reports on a daily, weekly, or monthly basis, primarily for external investors and creditors.
(ii) Management accounting focuses on the past, present and future.

Question

Which one of the below true statements is / are true?

(i) Management accounting prepares detailed reports on a daily, weekly, or monthly basis, primarily for external investors and creditors.

(ii) Management accounting focuses on the past, present and future.

Accepted Answer

Only statement (ii) is true

Answer

Only statement (i) is true

Answer

Both statements (i) and (ii) are true

Answer

Neither statement (i) nor (ii) is true

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