Of the Following Groups,which Is the Primary User of Managerial

question 8

Multiple Choice

Of the following groups,which is the primary user of managerial accounting information?

• A)Investors
• B)Creditors
• C)Regulators
• D)Managers

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Definitions:

Usefulness

The degree to which a product, service, or information fulfills a need or purpose.

Fixed Asset

A fixed asset is a long-term tangible piece of property or equipment that a company owns and uses in its operations to generate income. Fixed assets are not expected to be converted into cash in the short term.

Physical

Pertaining to objects, materials, or substances that occupy space and have measurable properties, often contrasted with digital or virtual counterparts.

Cost Basis

Cost basis represents the original value or purchase price of an asset for tax purposes, adjusted for factors like depreciation. It is used to calculate capital gains or losses upon disposal of the asset.