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Exercises Determineifeachdescriptionrelatestofinancialor managerial accounting. a. Reportsarepreparedaccordingtoinquiriesmade ofmanagement. Answer: Reportsfocusonthecompany asawhole. Answer: Managementusesthereport,alongwithpartiesoutsideofthe company. Answer:

Exercises

Determineifeachdescriptionrelatestofinancialor managerial accounting.
a. Reportsarepreparedaccordingtoinquiriesmade ofmanagement.

Answer:

Reportsfocusonthecompany asawhole.

Answer:

Managementusesthereport,alongwithpartiesoutsideofthe company.

Answer:

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