The Major Reporting Standard for Presenting Managerial Accounting Information Is

question 130

Multiple Choice

The major reporting standard for presenting managerial accounting information is

• A) relevance.
• B) generally accepted accounting principles.
• C) the cost principle.
• D) the current tax law.

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Definitions:

Position

The placement or arrangement of a body or part of a body in a specific area or in relation to other parts.

Radiopaque

Substances that do not allow the passage of X-rays or other forms of radiation and appear white or light on radiographic images.

Position

The location of an object or person in relation to other things; in medicine, it can describe the posture of a patient or the orientation of body parts.

Ultrasound

A technology that uses sound waves with frequencies higher than the audible limit of human hearing to produce images of the inside of the body, used for diagnostic and therapeutic purposes.