Which of the following statements does not describe a characteristic of management accounting?Question 1 options:
A) management accounting places a great deal of emphasis on the future
B) management accounting must conform to GAAP
C) management accounting is more concerned with individual segments of the organization rather than with the
organization as a whole
D) approximate amounts rather than accurate amounts are often used in management accounting
E) more than one of the above statements do not describe a characteristic of management accounting