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Which essential characteristic distinguishes strategic management accounting from conventional management accounting? (a) It is the sole responsibility of the strategic management team. (b) It forms part of the strategic planning process. (c) It incorporates non-financial information. (d) It incorporates data external to the entity.
(b) It forms part of the strategic planning process.
(b)
B
Stategic management accounting deals strictly with analysis and study models which are predictive different from conventional management accounting where no definite models may be adopted.