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1. State whether the following questions is True (T) or False (F). a. Management accounting is future oriented. b. Management accounting is required to follow

1. State whether the following questions is True (T) or False (F). a. Management accounting is future oriented. b. Management accounting is required to follow generally accepted accounting principles. c. Financial accounting examines monetary and non-monetary events. d. Cost accounting is used as a means of fixing a selling price.

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