Which of the Following Statements Is True of Managerial Accounting

question 128

Multiple Choice

Which of the following statements is true of managerial accounting?

• A)The external stakeholders of a company are the primary users of managerial accounting.
• B)Managerial accounting information is used to help managers plan,direct and control their operations.
• C)An external audit by an independent CPA is required for managerial accounting information.
• D)Managerial accounting information must comply with Generally Accepted Accounting Principles.

---

Definitions:

Nasopharynx

The portion of the pharynx behind the nasal cavity.

Palatine Tonsils

Two masses of lymphatic tissue located at the back of the throat.

Digestive System

The system of organs responsible for breaking down food, absorbing nutrients, and eliminating waste from the body.

Large Intestine

The last part of the gastrointestinal tract and digestive system in vertebrates, responsible for water absorption and the transmission of waste material.