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Question 2 (24 points - 6 points each) Identify whether each statement is true or false. a) Managerial accounting is the process of identifying, measuring,
Question 2 (24 points - 6 points each) Identify whether each statement is true or false. a) Managerial accounting is the process of identifying, measuring, analyzing, interpreting and communicating information in pursuit of an organization's goals..........) b) The users of managerial accounting are external users. ......... c) Managerial Accounting differs from Financial Accounting because financial accounting is heavily regulated by the FASB. (.....) d) Managerial Accounting motivates managers to achieve the organization's goals by communicating the plans, providing a measurement of how well the plan was achieved, and prompting an explanation of deviations from plans. ..........)
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