Answer:
A. focuses on estimating future revenues, costs, and other measures to forecast activities and their results
Explanation:
Unlike financial accounting which deals with information that has occurred in the past that is verifiable and reliable otherwise called historical data for a period, management accounting focuses on estimating future revenues, costs, and other measures to forecast activities and their results.
The management accounts are usually prepared at the start of a period considering all the internal and external factors that may affect the company's activities in the new period.
Estimates such as sales forecast, overheads budget production cost etc.
Therefore, the right option is A. Management accounting focuses on estimating future revenues, costs, and other measures to forecast activities and their results.
