Question

True or false Publication of management accounting statement is not compulsory

Answer 1

Answer:

It's 101% True.........

Answer 2

Publication of management accounting statement is not compulsory.  The statement is true.

• Financial information is really important for an organization since it helps in the analysis of many factors of the organization.
• Management accounting is a process of documenting and ensuring that the financial information is precise without any errors in it.
• However, the publication of these information is not compulsory.
• If an organizations finds it appropriate to publicize its financial information they might, but it is optional and not a necessary to publicize.