Which of the Following User Groups Will Use Managerial Accounting

question 30

Multiple Choice

Which of the following user groups will use managerial accounting information for decision-making purposes?

• A)Customers
• B)Lenders
• C)Employees
• D)Stockholders

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Definitions:

Income

Refers to the money received, especially on a regular basis, for work or through investments.

Normal Goods

Goods for which demand increases as consumer income rises, and falls when consumer income decreases, opposite to inferior goods.

Inferior Goods

Goods whose demand decreases as the income of consumers increases, in contrast to normal goods.

Income

Income generated regularly from employment or investments.