Examlex
Which statement is NOT true?
Accounting Information
Any data related to the financial situation, operations, and cash flows of an entity, used for decision-making and reporting purposes.
Financial Accounting
The field of accounting focused on the summary, analysis, and reporting of financial transactions pertaining to a business.
Managerial Accounting
The practice of identifying, measuring, analyzing, interpreting, and communicating financial information to managers for the pursuit of an organization's goals.
Objective
A specific goal or target that an organization or individual aims to achieve, often defined in measurable terms.
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