Which of the Following Is a Characteristic of Managerial Accounting

question 49

Multiple Choice

Which of the following is a characteristic of managerial accounting?

• A) It has no mandatory rules.
• B) It must adhere to mandatory rules.
• C) Its main users are outside of the organization.
• D) It provides only objective financial information.

---

Definitions:

1980s

The decade ranging from January 1, 1980, to December 31, 1989, characterized by significant political, technological, and cultural changes.

Conditions

Refers to the circumstances or factors affecting the way in which people live or work, especially with regard to their well-being.

Long-Term Memory

The phase of memory that involves the storage of information over an extended period of time, from hours to a lifetime.

Analogy

A comparison between two things, typically for the purpose of explanation or clarification.