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:

Enoxaparin

A medication used as an anticoagulant to prevent and treat blood clots, often administered via injection.

Garlic

A plant known for its strong aroma and flavor, commonly used in cooking, and also for its potential health benefits including antimicrobial and cardiovascular effects.

Hypothyroid Disease

A medical condition characterized by insufficient production of thyroid hormones by the thyroid gland, leading to symptoms like fatigue, weight gain, and cold intolerance.

Allopathic Treatment

Medical treatment based on the use of drugs and surgery to treat symptoms and diseases, as opposed to holistic or alternative methods.