Management accounting is influenced significantly by rules of GAAP and guidelines of the Securities Exchange Commission.

Name: Management accounting is influenced significantly by rules of GAAP and guidelines of the Securities Exchange Commission.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Management accounting is primarily for internal use and is not governed by the rules of GAAP (Generally Accepted Accounting Principles) or the guidelines of the Securities Exchange Commission, which apply to financial accounting for external reporting.

Management Accounting Is Influenced Significantly by Rules of GAAP and Guidelines