Indicate whether each statement describes financial accounting or managerial accounting. A. The information is directed at external
Question:
Indicate whether each statement describes financial accounting or managerial accounting.
A. The information is directed at external users who are making decisions pertaining to investing, extending credit, and other decisions.
B. The principal users are the organization’s managers.
C. The key focus is on the entity as a whole.
D. The rules and principles are very flexible.
E. The information gathered is usually available after an independent audit has been completed.
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A The information is directed at external users who are ...View the full answer
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Related Book For 
Principles Of Accounting Volume 2 Managerial Accounting
ISBN: 9780357364802
1st Edition
Authors: OpenStax
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