Which of the Following Is Not a Characteristic of Managerial

question 83

Multiple Choice

Which of the following is not a characteristic of managerial accounting?

• 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:

Car

A wheeled motor vehicle used for transportation.

Justification

The process or reasons given to demonstrate something is reasonable or necessary, often used to show that an action or decision is appropriate.

Premise

A premise or proposition that serves as the groundwork for a conclusion that is drawn from it.

Conclusion

The final part of something, particularly an argument or a logical reasoning process; the outcome that follows logically from premises.