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Posted on Jun 26, 2024

managerial accounting reports are shared internally only and are, therefore, not subject to such rules and regulations and are not required by laws to follow

"managerial accounting reports are shared internally only and are, therefore, not subject to such rules and regulations and are not required by laws to follow any accounting standard" (FreshBooks, 2019).

Support the statement using managerial accounting refernces.

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