Since internal users have access to all the underlying data used for managerial accounting reports,
A) They can create reports that suit their particular decision making needs.
B) There is no need to use financial data in making decisions.
C) Both they can create reports that suit their particular decision making needs and there is no need to use financial data in making decisions.
D) Neither they can create reports that suit their particular decision making needs nor there is no need to use financial data in making decisions.
Correct Answer:
Verified
Q44: Most managerial decisions are made at which
Q47: Decision makers sometimes might need to sacrifice
Q48: An example of an external user is
Q49: Since external users of financial statements have
Q51: Frequent feedback from planning,controlling,evaluating,and decision making activities
Q52: GAAP "rules" govern how transactions are
A)Valued.
B)Recorded.
C)Presented.
D)All of
Q53: Managerial accounting is designed to assist managers
Q54: Long-term planning is often referred to as
A)Strategic
Q55: The information provided by managerial accountants is
Q60: Which of the following statements is not
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