Page 22 - F2 - MA Integrated Workbook STUDENT 2018-19

Chapter 1

Test your understanding 3

Decide whether the following statements are true or false.

True False

Management accounting information is internally
focused

Financial accounting is concerned with the production
of statutory accounts

Management accounting information is used for
internal decision making

Management accounting information is used by
company shareholder

Illustrations and further practice

Now try TYU question 4 from Chapter 1

14