Which of the following statement/s about management accounting is/are true?
i. It is concerned only with information obtained from the accounting records.
ii. It is concerned with financial and non-financial information.
iii. It can provide information useful for making decisions.

A) i
B) i and ii
C) ii and iii
D) ii

Financial Information

Data related to the financial status of an entity, including balance sheets, income statements, and cash flow reports, used by stakeholders to make informed decisions.

Accounting Records

Documents and books that systematically record financial transactions and positions of a business.

Non-Financial Information

Information that is not monetary in nature, pertaining to qualitative aspects of a company's operations, such as customer satisfaction or employee engagement.