The fundamental principle of the system of reporting is that the information contained therein should meet the requirement of its recipient. The higher level of management reports are ............

CS Executive · Corporate and Management Accounting · PYQS · December 2024
The fundamental principle of the system of reporting is that the information contained therein should meet the requirement of its recipient. The higher level of management reports are ............
(A) More summarised
(B) Less frequent
(C) More in numbers
(D) All of the above

Answer & Explanation:

Correct Answer: Option (D)

Official answer key: (D).

Topics: Management Accounting

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