Managerial Accounting Is Designed to Satisfy Needs of External Users

question 51

True/False

Managerial accounting is designed to satisfy needs of external users including creditors,investors,and governmental agencies.

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Definitions:

Wisconsin

A U.S. state located in the north-central region of the country, known for its dairy production, diverse landscapes, and as the origin of the progressive movement.

State

A nation or territory considered as an organized political community under one government.

Disfranchisement

The removal of the right to vote from a person or group, often used as a tool for political or racial discrimination.

White Progressives

Early 20th-century reformers, primarily from the white middle class, who sought to address issues of social justice, labor rights, and government corruption.