Which of the following statements is/are correct?
(i) Information for decision-making should incorporate uncertainty in some way.
(ii) The data used to prepare financial accounts and management accounts are the same.
(i) is true and (ii) is false
(ii) is true and (i) is false
Both are true
Both are false
The answer given is C. I dont understand the second statement.
Wouldn't management accounts also include non financial information?
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Data used in financial accounts and management accounts
4y ago#1The same data is being used for both, but that does not mean that all of the data available is being used for both.
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