For Each of the Following,indicate Whether the Statement Relates to Managerial

question 82

Essay

For each of the following,indicate whether the statement relates to managerial accounting (MA)or financial accounting (FA):
$$\begin{array} { | l | l | } \hline \textbf { Statement } & \begin{array} { c } \textbf { Applies to } \\\textbf { MA or FA }\end{array} \\\hline \begin{array} { l } \text { How reports will affect employee behavior is a } \\\text { concern. }\end{array} & \\\hline \text { Summary reports are prepared primarily on the } \\\text { company as a whole, usually on a quarterly or annual } \\\text { basis. } & \\\hline \text { Relevant information and focus on the future. } & \\\hline \text { Primary users include investors, creditors, and } & \\\text { government authorities. } & \\\hline \text { There is no requirement to follow GAAP. } & \\\hline\end{array}$$

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