Which of the Following Statements Is True

question 42

Multiple Choice

Which of the following statements is true?

• A) External and internal users of accounting information have exactly the same information needs.
• B) Financial accounting is less flexible than managerial accounting.
• C) Managerial accounting provides the best information to external users.
• D) Managerial accounting emphasizes on the organization as a whole more than financial accounting.

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Definitions:

Punishment

A method used to reduce or eliminate unwanted behavior by introducing a negative consequence or removing a desired stimulus following the behavior.

Authority

The power or right to give orders, make decisions, and enforce obedience.

Anger And Hostility

Intense feelings of displeasure or aggression towards something or someone, often displayed through antagonistic or confrontational behavior.

Alternatives

Options or choices available in any decision-making situation.