Managerial Accounting Information

question 151

Multiple Choice

Managerial accounting information:

• A) Is used mainly by external users.
• B) Involves gathering information about costs for planning and control decisions.
• C) Is generally the only accounting information available to managers.
• D) Can be used for control purposes but not for planning purposes.
• E) Has little to do with controlling costs.

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Definitions:

Instant Messaging

A form of real-time text communication between two or more people over the internet or a network.

Computer Program

A set of instructions written in a programming language that is executed by a computer to perform a specific task or solve problems.

Messages

Units of communication that convey information, intentions, or requests between individuals or groups.

Eavesdropping

The act of secretly listening to the private conversations of others without their consent.