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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA MA – FIA FMA › Management and cost Accounting
Consider the following incomplete statements:
1) Assesses the profitability of products and services
2) Provides a financial information system for management
3) Follows all accounting standards and company LAW
Which statement describing aspects of cost and management accounting
1) 1 only
2) 2 and 3 only
3) 1 and 2 only
4) 1, 2, and 3
PLEASE SIR TELL ME THE CORRECT AND APPROPRIATE ANSWER FOR IT.
The answer is 1 and 2 only.
(But what re you attempting a question for which you do not have an answer – you should be using a Revision Kit from one of the ACCA Approved Publishers 🙂 )