Question
Complete the following statements with one of the terms listed here. You may use a term more than once, and some terms may not be
Complete the following statements with one of the terms listed here. You may use a term more than once, and some terms may not be used at all. Budget Creditors Managerial accounting Planning Controlling Financial accounting Managers Shareholders
a. Budget Controlling Creditors Financial accounting Managerial accounting Managers Planning Shareholders systems report on various segments or business units of the company.
b. When managers evaluate the company's performance compared to the plan, they are performing the budget controlling creditors financial accounting managerial accounting managers planning shareholders role of management.
c. Information on a company's past performance is provided to external parties by budget controlling creditors financial accounting managerial accounting managers planning shareholders .
d. Budget Controlling Creditors Financial accounting Managerial accounting Managers Planning Shareholders systems are chosen by comparing the costs versus the benefits of the system and are not restricted by GAAP or IFRS.
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