Which of the Following Is Not a Characteristic of Managerial

question 53

Multiple Choice

Which of the following is not a characteristic of managerial accounting?

• A) Information is used by external parties.
• B) Information is subjective, relevant, future-oriented.
• C) Reports are prepared as needed.
• D) Information is reported at the decision making level.

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Definitions:

Government-Controlled

Refers to entities or sectors managed or regulated by the government rather than private individuals or organizations.

Voluntarism

The principle or practice of engaging in voluntary actions or services, often without financial compensation.

Social and Economic

Pertaining to the interactions between societal structures and the economic activities within a community or nation.

Canada's Labor Relations

The system and standards that govern the interaction between employers and employees in Canada, including unions and collective bargaining.