Managerial Accounting Information

question 239

Multiple Choice

Managerial accounting information:

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

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Definitions:

Legal Analyses

The process of examining statutes, case law, and legal principles to apply them to the specific facts of a case or legal issue.

Bibliography

A list of the books referred to in a scholarly work, typically printed as an appendix.

Outline

A structured list or summary of main points, often used for planning or organizing information.

Legal Terminology

The specialized language used by legal professionals that includes terms of art, legal concepts, and jargon unique to the field of law.