Which of the Following Statements Is Not True

question 21

Multiple Choice

Which of the following statements is not true?

• A)Managerial accounting reports use historical information.
• B)Managerial accounting must not use estimates in preparing reports.
• C)Managerial accountants use historical amounts in developing future projections.
• D)Managerial accounting reports do not project the results of certain decisions.

---

Definitions:

Extraversion

A personality trait characterized by outgoingness, high energy, and a preference for socialization and external stimulation.

Self-efficacy

An individual's belief in their capability to execute behaviors necessary to produce specific performance attainments.

Standardized Tests

Tests that are administered and scored in a consistent, or "standard", manner, which are designed to measure a student's academic performance against a common set of criteria.

Self-control

the ability to regulate one’s thoughts, emotions, and behaviors, especially in challenging situations, in order to achieve long-term goals.