For Each of the Following,indicate Whether the Statement Relates to Managerial

question 223

Essay

For each of the following,indicate whether the statement relates to managerial accounting (MA)or financial accounting (FA):
$$\begin{array} { | l | l | } \hline \text { Statement } & \begin{array} { l } \text { Applies to } \\\text { MA or FA }\end{array} \\\hline \text { How reports will affect employee behavior is a } & \\\text { concern. } & \\\hline \text { Summary reports are prepared primarily on the } & \\\text { company as a whole, usually on a quarterly or annual } & \\\text { basis. } & \\\hline \text { Relevant information and focus on the future. } & \\\hline \text { Primary users include investors, creditors, and } & \\\text { government authorities. } & \\\hline \text { There is no requirement to follow GAAP. } & \\\hline\end{array}$$

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Definitions:

Credibility

The quality of being trusted and believed in, often based on a reputation for honesty, reliability, and competency.

Goals of Persuasion

The objectives or aims intended to be achieved through persuasive communication.

Neutral Buffer

A statement or section in communication intended to lessen the impact or soften the tone before delivering bad news or sensitive information.

Indirect Format

A communication or documentation style where the main points or conclusions are not presented directly at the beginning.