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Evaluate the following statments whether they are true: Managerial accounting information is meant to help the equity investors and credit investors in their planning and

Evaluate the following statments whether they are true:

  1. Managerial accounting information is meant to help the equity investors and credit investors in their planning and control decisions.
  2. Employees of an organization need the most relevant data, only if the information that is sought is of financial in nature.
  3. Many numbers reported in the financial accounting system are influenced by the managerial accounting system.
A.

Only statement II is true

B.

Only statement III is true

C.

All statements are true

D.

Only statement I is true

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