External financial statements
A)promote internal management planning and decision making.
B)do not show variable and fixed costs.
C)are not in accordance with generally accepted accounting principles.
D)show direct and indirect costs.

Question

Quizplus · Accepted Answer

External financial statements typically do not break down costs into variable and fixed categories. This level of detail is more common in internal reports for management's use in planning and decision-making.

External Financial Statements