Which of the Following Best Represents a Characteristic of Managerial

question 121

Multiple Choice

Which of the following best represents a characteristic of managerial accounting?

• A) Information is historically based and reported annually.
• B) Information is based on estimates and is bounded by relevance and timeliness.
• C) Information is regulated by the Securities and Exchange Commission.
• D) Information is characterized by reliability and objectivity.

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Definitions:

Assembly-Line Employee

An individual who works in a manufacturing process or factory setting, responsible for performing specific tasks as products move along the production line.

Foreman

A worker, especially in manual industries, who supervises and directs other workers.

Compelled

A state of being driven or urged forcefully or irresistibly to do something.

Differential Association

A theory that suggests individuals learn criminal behavior from their interactions and communications with others.