Which of the Following Is Not a Characteristic of Managerial

question 87

Multiple Choice

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

• A)Information is used by internal parties.
• B)Information is subjective,relevant,and future-oriented.
• C)Reports are prepared as needed.
• D)Information is reported for the company as a whole.

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Definitions:

Commission

A fee paid to an agent or employee for conducting a transaction or performing a service.

Promotional Costs

Expenses associated with marketing and advertising a business's products or services.

Estoppel

A legal principle that prevents a party from contradicting or asserting something contrary to a previous statement or behavior.

Detriment

A loss or harm suffered as a result of an action or a decision.