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All of the following are characteristics of managerial
accounting, except:
[removed]
A)
Reports are used primarily by insiders rather than by persons
outside of the business entity.
[removed]
B)
Its purpose is to assist managers in planning and controlling
business operations.
[removed]
C)
Information must be developed in conformity with generally
accepted accounting principles or with income tax regulations.
[removed]
D)
Information may be tailored to assist in specific managerial
decisions.

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All of the following are characteristics of managerial accounting,.docx

  • 1. All of the following are characteristics of managerial accounting, except: [removed] A) Reports are used primarily by insiders rather than by persons outside of the business entity. [removed] B) Its purpose is to assist managers in planning and controlling business operations. [removed] C) Information must be developed in conformity with generally accepted accounting principles or with income tax regulations. [removed] D) Information may be tailored to assist in specific managerial decisions.