Which of the following management accounting systems places a very strong emphasis on incorporating data relating to its competitors in the preparation of management reports?

A. Activity based management

B. Flexible budgeting

C. Strategic management accounting

D. Sales variance analysis

Answer: Option C

Solution(By Examveda Team)

Strategic management accounting systems places a very strong emphasis on incorporating data relating to its competitors in the preparation of management reports. Strategic management accounting is about having an accounting system that checks, accommodates, supports and controls your strategic management goals.