All of the Following Are Characteristics of Management Accounting,except

question 52

Multiple Choice

All of the following are characteristics of management accounting,except:

• A)Reports are used primarily by insiders rather than by persons outside of the business entity.
• B)Its purpose is to assist managers in planning and controlling business operations.
• C)Information must be developed in conformity with generally accepted accounting principles or with income tax regulations.
• D)Information may be tailored to assist in specific managerial decisions.

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Definitions:

Behavior

The actions or reactions of an organism, often in relation to its environment, which can be observable or measurable.

Big Five

A model describing human personality through five broad dimensions: openness, conscientiousness, extraversion, agreeableness, and neuroticism.

Openness to Experience

A personality trait that features characteristics such as imagination and insight, and those high in this trait also tend to have a broad range of interests.

Boringness

The quality or state of being uninteresting, monotonous, or tedious.