Management accounting refers to the preparation and use of accounting information designed to meet the needs of decision makers outside the business organization

Which of the following channel functions constitute only a backward flow?

A) movement of physical goods B) placing orders with suppliers C) persuasive communication D) storage of physical goods E) overseeing actual transfer of ownership

Information silos arise when entities at one organizational level in a company create information systems that meet only their particular needs

Indicate whether the statement is true or false