Which of the Following Is Not a Correct Statement

question 104

Multiple Choice

Which of the following is not a correct statement?

• A)Managerial accounting benefits internal users.
• B)Managerial accounting reports must comply with generally accepted accounting principles.
• C)Managerial accounting includes reports and information prepared for a range of decision makers within the organization.
• D)Managerial accounting reports come in a variety of formats.

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Definitions:

Journaling

A tracking method used to analyze and modify behavior.

Spontaneous Events

Occurrences or activities that arise unexpectedly without premeditation or external stimulus.

Client's Lifestyle

The day-to-day behaviors, habits, and preferences of a person, often considered in a counseling or coaching context.

Detailed Menus

Menus that provide comprehensive information about the dishes offered, including ingredients, preparation methods, and nutritional values.