For Each of the Characteristics Below,identify Whether It Is a Focus

question 77

Short Answer

For each of the characteristics below,identify whether it is a focus of financial accounting
or managerial accounting.Use the letter F to identify financial accounting and M to identify
managerial accounting.
_____ 1. Users are generally managers,employees and decision makers internal to the organization.
_____ 2. Used to assist managers in making planning and control decisions.
_____ 3. Information is structured and controlled by GAAP.
_____ 4. Information is available quickly without the need to wait for an audit.
_____ 5. Information is mainly historical with some predictions.
_____ 6. Emphasis of the information is on the whole organization.
_____ 7. Information is mostly monetary,but includes nonmonetary information.

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Definitions:

Regional Cuisine

Cooking styles, traditions, and recipes associated with a specific geographic area, reflecting its culture, history, and ingredients.

Mexican Foods

A variety of dishes and cuisine originating from Mexico, characterized by vibrant flavors, diverse ingredients, and techniques.

Customer Analysis

The process of examining and interpreting data about customers to understand their needs, preferences, and behaviors.

Health And Nutrition

A field of study and practice focused on the role of food in maintaining health and preventing disease, encompassing the process of absorbing nutrients for body functions.