All companies must follow generally accepted managerial accounting principles in creating their internal reports.

Name: All companies must follow generally accepted managerial accounting principles in creating their internal reports.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

While most companies do follow generally accepted managerial accounting principles, it is not a requirement for all companies. It is up to each individual company to determine their own internal accounting practices.

All Companies Must Follow Generally Accepted Managerial Accounting Principles in Creating