Which one of the following is incorrect? a. Management accounting is not as important as financial accounting

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Which one of the following is incorrect?
a. Management accounting is not as important as financial accounting for the competitive success of a company.
b. Governments do not require a company to implement a good management accounting system.
c. Management accounting systems evolve over time to adapt to the needs of a company.
d. Financial accounting provides a common reporting platform to the public.
e. A company often regards a good management accounting system as a valuable company secret.

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Related Book For  answer-question

Accounting concepts and applications

ISBN: 978-0538745482

11th Edition

Authors: Albrecht Stice, Stice Swain

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