The Field of Accounting That Focuses on Providing Information for Internal

question 31

Multiple Choice

The field of accounting that focuses on providing information for internal decision makers is ________.

• A) managerial accounting
• B) financial accounting
• C) nonmonetary accounting
• D) governmental accounting

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Definitions:

Long-term Personal Consequences

The extended impact of actions or decisions on an individual's personal life, often affecting future opportunities, relationships, or well-being.

Justice View

A perspective or belief regarding what is fair, equitable, and right in matters of behavior and decision-making.

Ethical Behaviour

Behaving in a manner that aligns with the moral standards and values commonly accepted by society and individuals.

Impartiality and Fairness

The principle of treating all individuals and parties without bias or discrimination, ensuring equitable treatment and opportunities.