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Joe Smith was just hired as an accounting intern at your company. Can you assist Joe and identify which of the following is not a

Joe Smith was just hired as an accounting intern at your company. Can you assist Joe and identify which of the following is not a characteristic of

managerial accounting?

Multiple Choice

Reports are prepared as needed.

Information is reported at the decision making level.

Information is subjective, relevant, future

-

oriented.

Information is used by external parties.

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