Part One Time left 00:50:18 Question 3 Not yet answered Marked out of 2.00 Which of the following is not a characteristic of managerial accounting Select one a Information is reported at the decision making level D. Reports are prepared as needed Information is used by external parties. d. Information is subjective, relevant, and future oriented o CEREMY CHOICE Question 4 Not yet answered Marked out of 2.00 If an Individual asset is increased then select one a there must be an equal decrease in equity there must be an equal decrease in a specific liability o c. none of these is possible. d. there must be an equal decrease in another asset