When Comparing the Characteristics of Financial and Managerial Accounting,which of the Following

question 55

Multiple Choice

When comparing the characteristics of financial and managerial accounting,which of the following is a focus of managerial accounting?

• A)Making future projections for geographic segments of a company.
• B)Focusing on users outside the organization including stockholders and creditors.
• C)Using performance measures that are exclusively financial in nature.
• D)Presenting overall company information in accordance with U.S.GAAP.
• E)None of the above.

---

Definitions:

International Transaction

An international transaction refers to a business or financial exchange crossing national borders, involving trades of goods, services, or capital.

Arbitration Agreement

A contract in which two or more parties agree to settle a dispute outside of the court system, typically through the decision of a neutral third party.

Federal Judge

A judge appointed by the president of the United States and confirmed by the Senate, serving within the federal court system.

Arbitration Agreement

A written contract in which two or more parties agree to settle a dispute outside of court through the arbitration process.